FOREIGN EXPERIENCE OF THE STATE FINANCIAL SUPPORT OF INNOVATIVE ACTIVITY

Activization of innovative activity is impossible without in-depth study of foreign experience of innovative activity. All transformations in control systems of innovative processes abroad in the basis had introduction of the new organizational forms of management of innovations. The review of literature shows that developed nations for the last 10-15 years accumulated considerable experience in the organization of the innovative process. The study of this experience in many respects will provide development of innovations in domestic practice.