Management of Innovative Process in the Economy at the Regional Level

The study determines the presence of three elements in the regional economy as a basic factor of functioning of regional innovative system. These elements are: institutions as the environment, investments as financial capacity, infrastructure as a necessary element of the system of innovation. It’s proved that taken together, these components create the preconditions for the formation and functioning of innovative process in the regio

Management of Innovative Process in the Economy at the Regional Level

The study determines the presence of three elements in the regional economy as a basic factor of functioning of regional innovative system. These elements are: institutions as the environment, investments as financial capacity, infrastructure as a necessary element of the system of innovation. It’s proved that taken together, these components create the preconditions for the formation and functioning of innovative process in the regio