Innovation economy as the basis for modernization implementation of national economic interests

Abstract

The need for this study can be explained by the fact that the solution of the problems in the development of the system of management that have emerged under critical conditions of permanent political and economic instability, institutional uncertainty requires the development of the system of measures aimed at engaging driving forces of economic transformation. The basis for such social transformation is the implementation of social–economic transformations of efficient models of the ratio of economic interests and innovative modernization of economy as the basis for their achievements. 

The aim of the research is revealing the role of the innovative modernization of the economy in the formation and implementation of the national economic interests. The methods of scientific research are abstract–logical, statistical, induction and deduction.

Based on the evaluation of activation of the driving forces of economic transformation, we defined the need for implementing in the transformation practice of the efficient models of formation of economic interests. The necessity was substantiated of the formation and development of the innovative modernization of the economy as a basis for achieving the level of competitiveness of the national economic system, adequate to the goals and needs of the transformational period under conditions of growing global competition. We proposed the ways of reconciling the economic interests of representatives of business structures with the national economic interests of Ukraine.

The article reveals the role of the state in creating the institutional environment, the most efficient forms and methods of economic management of innovative modernization of the national economy were determined. We proposed the measures to consolidate the efforts of all the participants of the innovative modernization of the economy, which imply a synthesis of the provisions of the neoclassical and Keynesian doctrine with the activities of the state, adapted to modern realities of Ukraine, the mechanisms of self––regulation of the market.

In subsequent research it is suggested to implement the development of the institutional environment of competing economic interests of economic entities, to motivate them to engage into activities in the field of new technologies.