STRATEGIC MANAGEMENT OF INNOVATION PROCESSES IS AN IMPORTANT FACTOR IN THE DEVELOPMENT OF AN INNOVATIVE ECONOMY

Аннотация

This article analyzes the effective management of innovation processes, apprising the existingmaterial and technical base ofindustrial enterprises, development ofproduction facilities, development of new types of activities, production of scientific products, creation of an innovative environment in enterprises, is an important factor in the overall development of the national economy. Particularly we will focus on the term "innovation processes" and consider a number of priority directions for the implementation and management of innovation processes in our country, along with the state expenditures allocated to the development of science and technology in countries with scientifically advanced high-tech sectors over thepast 10years. Key words: innovation processes, modernization of production, material and technical base, innovationenvironment, innovation policy, global index. Introduction. Effective management of innovation processes in the wide-ranging development ofthe national economy isone of theimportant aspects ofinnovation activity. Thus, updating the existing material and technical base of industrial enterprises, developing the production base, mastering new types of activities, producing scientific volume products, creating an innovative environment at enterprises, stimulating innovative production is one of the main tasks of strategicmanagement ofinnovation processes. . Simultaneously, important priorities are the modernization of production in sectors of the economy, the implementation by the state of innovation policy in the further development of a business environment based on competition. Because the importance of strategic management of innovation processes in economic entities created on the basis of privatized and expropriated enterprises isincreasing. Lately, in the scientific research of researchers, experts and scientists involved in fundamental and applied research, the concepts of “innovation”, “innovation”, “innovation activity”, “innovation environment”, “innovation processes”, “innovation potential”, “national innovation." system”, “terms such as “innovative product”, “innovative production”, “innovation sphere”began to receive more attention. https://ijmri.de/index.php/jmsi volume 4,issue2,2025 271 Since the phrase “innovation processes” is one of the objects of study in our scientific research, in the article we will focus on this phrase. In the scientific literature on innovation process management, the term “innovation process” is defined as a process that determines the transformation of ideas into a specific product, popularizing the use of new techniques and technologies andservices, ensuring thetransformation ofscientificknowledge into innovation. Hence, we can say that the strategy for managing innovation processes is, in general, a plan for managing the achievement of goals aimed at strengthening the economic situation of the country, producing competitive products, meeting consumer demand, and ensuring high-tech production. In particular, choosing a specific strategy for the development of innovative and advanced production means choosing the most suitable of the many possible paths and methods of innovative development. At the same time, the choice of strategy, in turn, consists in accelerating innovation activities, bringing industrial enterprises to a unified system of actions forcompetitivetolerance. Research. According to experts, over the past 10 years in developed countries there has been a substantial increase in the production of scientific high-tech products and the export of these products in such areas as microelectronics, optical fiber, radio electronics, laser, nuclear and computertechnologies. Table1 № Thename oftechnological fields Atahighlevel developed country 1 New materials technology USA, Japan 2 Microelectronictechnologies USA, Russia 3 Optical fiber and electronic technologies Japan, China 4 Laser technologies USA, China 5 Radioelectronic technologies USA, Russia 6 Computertechnologies USA, Japan 7 Informationand communication technologies USA, Japan, India, China 8 Nucleartechnologies USA, Japan, China Production technology of industrial equipment USA, Russia 9 and tools 10 Enginedevice development technology Germany, China 11 Energy andenergy storage technologies USA, Germany 12 Biotechnology USA 13 Nanotechnology Japan, Israel 14 Pharmaceuticals USA, Russia Table1.Countries with highscience andhightechnology From the data in Table 1, it is clear that the United States has great potential among countries with developed high-tech industries. Because itis estimated that the US spends 390 billiona year. Provides government funding for innovation and humancapital ofaround USdollars. In global economic competition, economic entities operating only in countries that have created favorable conditions for the development of science and technology receive a great advantage. In particular, in the United States of America, government expenditures allocat