REGULATORY PROVISION OF FINANCIAL INSTRUMENTS OF INNOVATIVE ACTIVITY IN THE 'KNOWLEDGE TRIANGLE'

Abstract

Present article is dedicated to the analysis of the legal and regulatory documents in Ukraine in the fields of education, science and functioning of the enterprises dealing with innovative activity. The principal instruments and the sources of financing the reference points of the 'knowledge triangle' (i.e. the scientific and research institutions and innovation recipients), as well as the relationships between them have been defined. The results obtained resulted in certain conclusions and proposals concerning amending the legislation in order to extend and increase the efficiency of financing the 'knowledge triangle'.