State of Development and Peculiarities of Innovatiove Infrastructure Functioning in Kirovohrad Region

The aim of the article is to study the state of development and peculiarities of functioning of innovative infrastructure in Kirovohrad in order to determine the conditions necessary for the establishment or improvement of the formation of innovative infrastructure in the region taking into account its needs and potential. The state of development and peculiarities of functioning of innovative infrastructure in Kirovohrad region in the context of the implementation the state regional policy and the creation of a system of the subjects that can ensure effective implementation of innovative economic activities for the benefit of all society have been investigated The critical analysis of conditions functioning of innovative infrastructure objects existing has been carried out. The main directions of development of innovative infrastructure in Kirovohrad region have been determined. The experience of creation and activity of innovative infrastructure of foreign countries showed the need for further systematic and coordinated action by regional state administration, regional council, district state administrations and district councils, research institutions and universities, enterprises, institutions and organizations to maintain favorable conditions for innovation development of the region through the creation of new technologies, production facilities, materials, and other high-tech competitive products, including improving the formation of innovative infrastructure in the region considering its needs and potential. It has been substantiated that these measures should be considered as a prerequisite for successful economic reform in the region.