Challenges, Threats and Possibilities of National Education as a Driver for Innovative Development of Economy

The study aimed to substantiate the place and role of national education as a driver of innovative economic development, generalization of challenges, threats and opportunities for its development. At the same time, education as a subsystem of knowledge is included by us in the index of innovative development and the modified index of human development, which is calculated by the method of basic components and a sliding matrix in the form of a supplement. The downward trend in these indicators in Ukraine during 2007-2017 indicates negative processes in the national economy due to the low level of knowledge capitalization and the growing number of challenges and threats to national education. This reduces the level of satisfaction of vital interests of the population, worsens its quality of life and raises the question of new approaches to education management with an emphasis on building an innovative model of economic development. "Capitalization of knowledge" is positioned as a marker of the effectiveness of education in an innovative economy. In order to confront new threats and challenges to national education, its main opportunities have been identified, which will allow to form the key competencies of a modern European-style specialist and increase the level of knowledge capitalization. Among the opportunities of national education as a driver of innovative economic development are: online education, smart education, adult education, internationalization of educational space, creating space for creativity and innovation, increasing mobility of participants, expanding new forms of learning (distance, network), competence learning.