Current State and Trends of the Ukrainian Intellectual Property Development

Abstract

at the micro level ensures the growth of the given value and income of the company, at the macro level it ensures the country's economic growth and the accumulation of national wealth. The necessity of using the experience of developed countries to activate the sphere of intellectual property of Ukraine through the use of mechanisms of direct administrative-departmental action, direct state subsidized financing of research, as well as implementation of state targeted programs of different levels by allocating funds on the basis of contracts concluded with the winners of the respective competitions, creation of innovative structures by the state or with the participation of the state is proved. It is emphasized that at the moment the Ukrainian economy is at the stage of overcoming the recession, at the same time, the economic growth rate is quite low, for almost ten years there has been a reduction in funding for the development of an intellectual product, as there is currently no comprehensive mechanism for stimulating innovation in Ukraine, in particular financial support through the mobilization of domestic enterprise resources and attracting foreign direct investment, state support for innovation is insufficient and the mechanism for long-term bank lending to enterprises is not fully involved.