INNOVATIVE ACTIVITY OF TRANSNATIONAL CORPORATIONS
In this article, the author pays attention to the importance and necessity of the innovative activity of transformational corporations. The author considers the conceptual foundations for the development of transnational corporations. As part of the study, ways to increase the competitive advantages of transnational corporations in the context of the formation of global innovation flows are identified. It is emphasized that the development of innovative activity of transnational corporations is a necessary condition not only for the formation of a mechanism for the integration interaction of participants in the innovation process in the domestic market, but also provides a sustainable competitive advantage of individual states under the influence of globalization processes and fierce competition in the world economy.