INNOVATIVE-INVESTMENT BASES FOR SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT

Abstract

The article notes that in modern conditions, an important direction of ensuring socio-economic development is its transition to innovative models, which should cover all reproduction processes. Ukraine proclaimed a course on innovative development. However, in terms of the coefficient of innovative development, our country is significantly behind not only highly developed countries, but also from Poland and the Baltic countries. And, unfortunately, this gap is growing. The authors cite the reasons for this situation, in particular the lack of a national innovation system in Ukraine. The article presents the dynamics of indicators characterizing the processes of development and implementation of innovative products. Among them are goods, services, technological processes and the like. The presence of a significant differentiation of indicators characterizing the level of innovative activity, namely: from 55.7% among enterprises in the field of pharmaceutical products and preparations to 3.3% in the field of water supply, sewage, waste management, is emphasized. Considerable attention is paid to the disclosure of factors that can ensure the transformation of Ukraine into a high-tech society based on an innovative model. This should be facilitated by the availability of appropriate resources, including human resources. It is noted that in Ukraine the number of workers who are engaged in research and development is decreasing. And this trend is characteristic of almost all branches of science, except for medical ones. The greatest decline is characteristic of the technical branches of science, which, of course, negatively affects the introduction of an innovative model of socio-economic development. A negative indicator in this context is the deterioration of the age structure of researchers: the number of employees involved in the implementation of scientific research and development under the age of 25 is quite low and high enough at the age of 65 and older. This is a threat to the intellectual continuity of generations, the loss of scientific schools, the scientific and personnel potential of the country. Improving the material and technical and personnel component of innovation, in turn, requires further strengthening of the financial and investment potential, which can be achieved not only by increasing the state budget for these purposes, but also by attracting funds from outside and by effectively managing the use of existing financial resources.