GLOBALIZATION TRENDS INFLUENCE ON THE INNOVATIVE DEVELOPMENT OF NATIONAL ECONOMIES

Abstract

Objective. The objective of the article is the determination of trends and forecasting the impact of globalization trends on the innovative development of national economies. Methods. In the process of the research, the following general scientific methods are applied: comparison, generalization, analysis and synthesis, induction and deduction, concretization, systematization. Results. It is determined that innovation and creativity are becoming the main success factors of national economic systems. And the strategic management of innovations is the most important task of the company's anti-crisis policy. The reasons for the low level of innovative activity are the shortcomings of the regulatory and legal framework, the high cost of attracting credit funds, the lack of a strategic vision of the future development of the company's activities by the managers of the enterprises. The problem is also the low level of budgetary financing of innovative developments, the lack of incentives from the state for enterprises. Investments in new technologies are providing higher returns than the industry average, and the structure of the economy is also changing. Legal, ethical, aesthetic and moral standards are dynamically changing. The level of education and health care is increasing. Also, the spread of innovations connects various socio-economic subjects into a single entity. One of the factors of increasing the competitiveness and efficiency of the economy at all its levels is the introduction of innovations. The innovation policy of a state should provide for the stimulation of innovation at the state and regional levels, involvement in global innovation networks, investment in research and development, improvement of the regulatory and legal environment, determination of priorities for innovation development at the state and regional levels etc. Globalization opens up opportunities to overcome the technological gap and introduce innovations to increase the competitiveness of the national economy. The main trends of the impact of globalization aspects of development on the innovative development of national economies are determined. The asymmetry of the innovative development of national economies in the conditions of globalization is studied. The reasons for the low level of innovation activity of national economies are established. The important tasks of the state innovation policy and the effective mechanisms and promising trends of the development of the innovative economies of the world are determined. The following effective mechanisms and promising trends in the development of the world's innovative economies are defined: digitization and digitalization, the use of digital technologies for optimizing business processes; robotics as a response to global demographic changes, consisting of an aging population and an increase in the burden on the employed part of humanity; renewable energy; convergence of technologies and knowledge; virtualization of the world and artificial intelligence.