Legal support of state regulation of innovation activity in Ukraine

The article considers the issues of legal support of state regulation of innovation activity in Ukraine, as well as the creation of a favourable institutional and legal framework for the entities of the innovation process. The author determines the basic Ukrainian laws which regulate the innovative...

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Main Author: V.А. Vakalyuk
Format: Article
Language:English
Published: Zhytomyr State Technological University 2016-03-01
Series:Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
Subjects:
Online Access:http://ven.ztu.edu.ua/article/view/66624
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author V.А. Vakalyuk
author_facet V.А. Vakalyuk
author_sort V.А. Vakalyuk
collection DOAJ
description The article considers the issues of legal support of state regulation of innovation activity in Ukraine, as well as the creation of a favourable institutional and legal framework for the entities of the innovation process. The author determines the basic Ukrainian laws which regulate the innovative activity and the role of the Verkhovna Rada of Ukraine in the creation of legislative base in the sphere of innovative activity. The paper substantiates the necessity of legislative framework improvement for the implementation and normal operation of the model of innovative development in Ukraine. The drawbacks of the present legislative base of innovation activity regulation in Ukraine are analyzed. The article determines the main features of the innovative activity and the ways of implementation of innovative activity regulation, and the reasonability of introducing a mechanism for strengthening the interest of commercial banks to increase investment. Special attention is paid to the issues of innovation risks; the list of the most common types of innovation risks which are associated with the instability of the economic legislation is suggested.
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spelling doaj.art-5d842fead8d4467187f0ab0ba4b062652022-12-21T23:58:45ZengZhytomyr State Technological UniversityVìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki1728-42361728-42362016-03-011756669Legal support of state regulation of innovation activity in UkraineV.А. Vakalyuk The article considers the issues of legal support of state regulation of innovation activity in Ukraine, as well as the creation of a favourable institutional and legal framework for the entities of the innovation process. The author determines the basic Ukrainian laws which regulate the innovative activity and the role of the Verkhovna Rada of Ukraine in the creation of legislative base in the sphere of innovative activity. The paper substantiates the necessity of legislative framework improvement for the implementation and normal operation of the model of innovative development in Ukraine. The drawbacks of the present legislative base of innovation activity regulation in Ukraine are analyzed. The article determines the main features of the innovative activity and the ways of implementation of innovative activity regulation, and the reasonability of introducing a mechanism for strengthening the interest of commercial banks to increase investment. Special attention is paid to the issues of innovation risks; the list of the most common types of innovation risks which are associated with the instability of the economic legislation is suggested.http://ven.ztu.edu.ua/article/view/66624state innovation policyinnovative activitylegal supportlegal mechanism
spellingShingle V.А. Vakalyuk
Legal support of state regulation of innovation activity in Ukraine
Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
state innovation policy
innovative activity
legal support
legal mechanism
title Legal support of state regulation of innovation activity in Ukraine
title_full Legal support of state regulation of innovation activity in Ukraine
title_fullStr Legal support of state regulation of innovation activity in Ukraine
title_full_unstemmed Legal support of state regulation of innovation activity in Ukraine
title_short Legal support of state regulation of innovation activity in Ukraine
title_sort legal support of state regulation of innovation activity in ukraine
topic state innovation policy
innovative activity
legal support
legal mechanism
url http://ven.ztu.edu.ua/article/view/66624
work_keys_str_mv AT vavakalyuk legalsupportofstateregulationofinnovationactivityinukraine