STATE MANAGEMENT OF INNOVATION (INSTITUTIONAL ASPECTS)
Abstract
The article deals with the main stages of theoretical and methodological understanding of
the problems of innovative practices in terms of participation in innovative activities of various
institutions, first of all, with institutions of the state policy. It is emphasized that market
mechanisms without state regulation of the economy are not able to combine private business
interests with the interests of society as a whole, have a positive impact on the harmonious
sustainable development. Historical background of formation of state regulation of innovative
processes is relevant at this stage of theoretical understanding of the role of the state as a social
institution, the definition of effective mechanisms of state influence on the innovation processes.