The article is devoted to the study of the processes of formation and use of intellectual capital at Ukrainian enterprises and the analysis of the efficiency of innovative activity of domestic enterprises. The analysis conducted showed that domestic enterprises and organizations nowadays slow down the innovation activity and reduce the efficiency of the use of intellectual capital. Such tendencies are the consequence of the imperfection of the legislative framework for stimulating innovative activity of domestic enterprises; lack of incentive mechanism for developers and inventors, innovative enterprises and organizations. Problems of innovative development are inherent in both the state level of management and the management at the level of individual enterprises. It is necessary to form effective innovative state and regional development programs, to create modern innovative infrastructure, to develop at the legislative level the mechanism of preferential taxation and crediting of innovatively active enterprises, etc. , 0

The current trend in the development of effective economic systems is an active commercialization of intellectual results and the provision of technology transfer. The aim of the study is to analyze the formation and use of human capital as the most important component of enterprise intellectual capital, to identify the main sources and directions of financing the processes of intellectual capital formation and technology transfer in domestic industries.The analysis made allows us make the following conclusions: there is a tendency towards a decrease in the total number of employees involved in the implementation of research and development at an enterprises; the number of specialists having a scientific degree and taking part in scientific researches and developments has also significantly decreased; there is a decline in the number of inventions and utility models in the domestic industry; there is a decline in innovative activity of local enterprises, which prevents the processes of commercialization of innovations and technology transfer.It is determined that one of the most influential factors is the limited sources of financing innovative activity and significant costs for the creation of intellectual property objects as a result of innovative processes and the problem of commercialization of intellectual development. The research of the structure of sources of funding for innovative activities of industrial enterprises shows that for a long period of time, the own funds of industrial enterprises are in fact the only source of funding for innovation and the formation of intellectual property.In order to increase the effectiveness of financial support for the formation and development of intellectual capital and to ensure the commercialization of intellectual results and technology transfer at enterprise level, it is necessary to: investigate all possible sources of funding and amounts of funding; to identify priority directions of innovation activity with the prospect of creation of objects of intellectual property and their further commercialization; to calculate the amount of finance necessary for the priority innovative projects taking into account all kinds of necessary resources.