Identification of factors and conditions of innovative development of key sectors of the economy
The development of scientific potential and the introduction of innovative solutions in the modern world is becoming a necessity for ensuring competitiveness and further development of economic sectors. In many ways, the development of innovations in the industry is determined by the state innovation policy. Of particular importance are industries that build their development on innovation. Innovative activity is a key factor in the competitive struggle; moreover, innovations are able to offer the consumer completely new products and services. The relevance of the study is that the identification of significant factors and conditions can help the state to adjust the innovation policy, as well as pay attention to certain aspects of innovation development. Moreover, with the use of international experience, it is possible to create new conditions for innovation. The purpose of the study is to identify the main factors and conditions for the innovative development of key sectors of the economy. The article scientifically substantiates that the integration of science and technology creates a variety of potential contributions of innovations to economic, social and environmental development.