Competitiveness of the ukrainian economy: the innovation dimension

The purpose of research is to analyze the level and innovation potential of Ukraine’s economics. In the current world economy, the innovation dimension is becoming essential for boosting the country’s competitiveness. Development of competitive high-tech industries and manufacturing facilities; a strong national innovation system; availability of effective internal and institutional mechanisms, as well as external tools for involving countries into ‘the knowledge society’: all these factors contribute most to the nation’s economic success in the global environment.