CAN THE UKRAINIAN SCIENTIFIC SOCIETY SUCCESSFULLY INTEGRATE INTO EUROPEAN KNOWLEDGE TRANSFER?

The current phase of global economic development is characterized by technological breakthroughs. However, the implementation of innovation and technological break through requires adequate scientific and technical potential that calls for funding of science at the appropriate level, which is at least of 3% of GDP. In Ukraine, the funding level of research and development sphere is very low - about 0.23% in 2016. This chronic underfunding has transformed the science in Ukraine into the spending area, at a time when it should serve as the major source of economic growth. Currently, the State's government broaches a point of establishing adequate financial and organizational conditions in order to restore the Ukrainian science and cause its self-repayment and profitability. The universities are the major source of technology all around the world and in Ukraine in particular, and technology transfer is the main tool of the innovation process, which implies commercialization of commercially attractive researches. Given the fact that Ukraine has strong scientific and technological potential, the development of an effective system of university-based technology transfer and strengthening of interaction between scientific and production spheres are to become important factors for innovation-driven growth in the State. The corresponding organization departments of Ukrainian universities are just starting to form, particularly in the Taras Shevchenko National University of Kyiv. The prospect of successful development of the network of university- based technology transfer in Ukraine will determine the conditions of integration of Ukrainian science into global and Common European scholastic environment; the latter should be carried out through equitable scientific and technical cooperation.