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The article discusses the main directions of state regulation of the economy and one of the most important itscomponents - innovative activity. We justify the need for state regulation, analysis of models and mechanismsfor the construction of national innovation policy, facilities and areas of scientific and technological developmentof the country. We give guidelines to improve the mechanisms of state regulation of innovative activity, tools forimplementation and evaluation of its effectiveness.

Features of State Regulation of the Economy in Terms of Its Transition to Innovative Way of Development