State Regulation of Scaling Innovations at the Regional Level for Sustainable Development of Ukraine and the Eu

Abstract

The article examines the implementation of innovations in industrial enterprises, as well as their sources of funding in Ukraine and Europe. The role of innovation infrastructure as a driver of economic development of national and regional economy due to the formation of a holistic goal to scale innovation and the relationship of various stakeholders involved in innovation, the formation of the investment environment. The paper identifies problems and areas for improving innovation in the regions of Ukraine and the motives for implementing new projects. Based on the analysis of statistical data on the development of innovation in the regions of Ukraine and in order to identify strategic instruments of state regulation for the development and scaling of innovations, identified and described the shortcomings and conditions for the development of innovation infrastructure. Based on the study of statistical reporting of Ukraine and European countries, it is determined that the improvement of innovation policy and competition of enterprises is possible with the implementation of new technologies for the production and implementation of innovative services in different regions of the country. It is established that the indicators of development and scaling of innovations in the regions of Ukraine have a steady trend, which affects the destructive processes in the country, and funding such an important component of innovation development as research aimed primarily at the public sector, while in the European Union - at business sector. With effective government stimulation of the business sector and the provision of positive state, regional and local conditions, the situation regarding economic and innovation indicators in Ukraine may have a positive dynamics in the future. It is established that when forming strategies for the development of innovation infrastructure, it is necessary to pay attention to the feedback between the business sector and the interests of the country and gradually move to the European experience of innovation development. This strategy will create progressive models for coordinating the scaling up of innovation for the country's sustainable development.