Development of innovation process in Ukraine in the context of knowledge economy formation

Abstract

The article presents theoretical and methodological approaches to the formation of a knowledge economy. The problems of developing scientific potential in Ukraine are highlighted. The shortcomings of the state innovation policy, which led to the negative structural changes in the economy and the dominance of low-tech structures, are revealed. The reasons that impede the development of the innovation model are identified: insufficient financial resources to ensure scientific development and implementation of innovative developments; imperfection of the regulatory system of regulation and stimulation of innovation. The influence of financing public funds on the development of science is analyzed. Science must function fully, that is, carry out all its functions: sociocultural, cognitive and economic. The creation of innovative clusters is proposed, with their help the innovation process will be significantly accelerated and economic activity will increase. The main directions of improving the innovation model in Ukraine are identified, contributing to the formation of a knowledge economy.