THE PROBLEMS OF INTELLECTUAL INNOVATION IN THE ENGINEERING INDUSTRY

Abstract

The article discusses the need for innovative reform of the engineering industry of Ukraine, which is currently in decline. The necessity to restore the machine-building industry in any country plays a crucial role in the creation of material and technical base, but in the current situation in Ukraine without state support to revive the machine-building industry will not be possible: essential government programs and financial support, and to enter the world market of innovative new products. However, regardless of the scale of the crisis the industry is impossible without a significant investment given the significant deterioration of the equipment, without funding, without new scientific developments, without highly qualified specialists. This is due to the following factors: firstly a significant increase innovation; secondly new requirements put forward to the organization of regulation of innovative processes in industrial enterprises; thirdly insufficient scientific and methodical development of the problems of management of innovation processes of industrial enterprises. In this regard, the government of Ukraine should make every effort to maintain the innovative activity of machine-building enterprises. It is necessary to provide the industry with state orders and also for innovative products.