Innovation activity, as one of the main factors of competitiveness

Development of market relations, privatization of state and municipal property, the reduction of production volumes, growth in the number of insolvent companies and organizations have changed the mechanism for management of scientific and technical progress, influenced the pace and nature of scientific research, the development and innovation, as a basis of economic growth, increase the competitiveness of companies and the economy as a whole.

Keywords: innovation, innovative activities, competitiveness, businesses