THEORETICAL ASPECTS OF THE FORMATION OF THE INNOVATIVE MODEL OF ECONOMIC DEVELOPMENT

The purpose of the article is to substantiate theoretical approaches to the definition of the peculiarities and determinants of the formation of an innovative economy. For scientific research historical method, methods of analysis and synthesis, logical generalization were used. Approaches to the categories of «innovation», «innovative development» and «innovative model of economic development» are considered and analyzed in the article. These concepts are not interpreted by scientists uniquely and there is no single approach to their definition. The features of the innovative model of economic development are explored; factors of formation of innovative economy are defined.