The Main Development Trends of the Legislative Support of the State Regulation of Innovation Activity in Ukraine and the Search for Directions for Its Improvement in Conditions of Socio-Economic Instability

The article considers the issues of legal support of state regulation of innovation activity in Ukraine. The lack of legal framework in the innovation sector is a significant factor contributing to the formation and development of innovative activity and the effective use of the existing intellectual potential of the country and its regions. Many barriers exist in laws and regulations, which ultimately adversely affect the formation and development of an innovative climate in the state and its regions, taking into account socio-economic and political instability. The purpose of the article is to study the degree of legislative provision of state regulation of innovation activity in Ukraine and the search for directions for its improvement in conditions of socio-economic instability. The author determines the basic Ukrainian laws which regulate the innovative activity in Ukraine. 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. It was determined that regional legislation in the field of regulation of innovation activity may be more progressive than at the national level. In addition, it will not only complement it, but fill in the gaps, especially in terms of terminology, rights and responsibilities of the parties to the innovation process and in other issues related to the specific activity of innovation-integrated structures.