THEORETICAL FUNDAMENTALS OF INNOVATIVE ENTREPRENEURSHIP DEVELOPMENT IN THE NATIONAL ECONOMY

Abstract

Introduction. Today, the world economy is gradually globalizing. No country in the world can escape its influence on certain spheres of public life. The process of «globalization» affects the development of innovative entrepreneurship. Today, the driving force of the functioning of innovative entrepreneurship in ensuring economic growth is its development and this is one of the main prerequisites for the successful functioning of entrepreneurship in various sectors of the economy, an incentive to increase production efficiency. Innovative entrepreneurship is a special innovative process of creating a new, a kind of management, aimed at finding new ideas and opportunities for commercial use of innovations. Methods. The study uses the fundamental provisions of economic theory. General scientific principles of conducting complex scientific researches were used to solve the set tasks. In the process of research a number of general scientific methods were used, in particular: analogies, logical generalization and system analysis. Results. Innovative entrepreneurship is considered as a new way of small business development, using the achievements of modern science. The study of innovative entrepreneurship allowed to understand the modern directions of development of the market and enter new paths of economic development, in particular, highlighting the problems and prospects for its development. Discussion. In order to solve the problems of development of innovative entrepreneurship it is necessary to: develop a legal framework that includes the definition of «innovation»; create competition that is possible only with good financial incentives; to train qualified personnel, and for this purpose the opening of innovation and technological centers at the university will be effective; develop new venture financing programs (creation of a large number of innovation and technology centers, technology parks and business incubators); organize exhibitions and product presentations in the regions. Prospects for further research into innovative entrepreneurship may be to strengthen the financial support for the development of innovative entrepreneurship by improving the fiscal policy of support for business entities. Keywords: innovations, innovative development of entrepreneurship, national economy.