Institutionalization of the innovative scenario of development of the country: modern state policy of innovations

Abstract

The relevance of the research topic is due to the fact that at the present stage the innovative activity of the region becomes one of the most important spheres of its socio-economic development, since innovations inevitably entail a very wide range of changes in the main directions of economic development, in technology and production technologies, as well as determine the emergence of many social, organizational and managerial innovations. Therefore, the further progressive development of the regions and the country largely depends on the state of their innovation subsystems as the most important tool for the implementation of the innovation scenario, which allows to ensure conditions for sustainable economic growth. The creation of market system institutions that influence the formation and development of the business sector is the most significant problem, especially in the specific conditions of the transformation of the national economy. Institutional changes are reflected in the actions of entities engaged in entrepreneurial activity in all spheres and sectors of the national economy in accordance with the requirements of objective laws of