OREANDA-NEWS. September 13, 2012. The Cabinet of Ministers has approved the Concept of reforming the state policy in the area of innovation. The corresponding decree was taken at a cabinet meeting on September 10, 2012. However, the system of state regulation and state control in the sphere of innovation still has had some flaws that significantly slowed the rate of innovation.

The systemic things we are speaking about is the uncertainty of the foundations of the state policy in this sphere, the virtual absence of clear principles of the state order for innovative products, the weak coordination of investment and innovation policies, and lack of incentives for the development of the production and consumption of innovation.

And the Concept has to overcome this lack of system and, which will decide three sets of problems - create economic (fiscal, credit, insurance) conditions of accelerated innovation, laying the foundations of modern innovation and contribute to the creation of a new institutional framework.

The concept also provides for the formation of the key elements of modern innovation infrastructure, which are still virtually absent in Ukraine. First of all it is implementation of effective public-private partnerships, the creation of cluster models of sectoral and regional cooperation within implementation of the priority projects of innovation, creation of a system of information and analytical support for the implementation of state policy innovation and the creation of modern ICT-based information and analytical service infrastructure and so on.