Regional Innovation Economy: Aspects of Economic Development

Urgency of the research. Sustainable growth and improved living standards can only be obtained due to increasing of productivity and introducing new and better products and services that compete successfully in the global market. This is especially actually in the environmental field. Target setting is to study environmental innovation in the regions, finding new ways to stimulate the ukrainian companies of national economy to implement innovation. Actual scientific researches and issues analysis. Innovations as the basis of economic development are also of increasing interest to researchers (Edison H., Ali N. B., Torkar R., Heyne P., Boettke P. J., Prychitko D. L., Strumsky D.; Lobo J.; Tainter J. A., Gordon Robert J.) and many others. Uninvestigated parts of general matters defining. The research objective. All the scientists examined the implementation of the classical theory of innovations. But innovations have a regional specifications. They should be considered separately for each region. The research objective is the justification for all these characteristics and their inclusion in the innovation process. The statement of basic materials. In this work the main aspects of innovation activity has been done on the example of Rivne region. As the result, the quantity of personnel of scientific organizations has decreased nearly tenfold com-pared with the data of 2015. The most important is the introduction of innovative products in industrial Rivne region. These enterprises emit the most harmful substances – lead, mercury, nitrogen, carbon dioxide and others. Conclusions. Main conclusions are: 1. To combine quantitative and qualitative research methods in economics of innovations, e.g. a review of cluster development statistics complemented by a beneficiary survey, as well as beneficiary and stakeholder interviews that can be used to develop case studies, which probe into the quality of cluster interactions in innovation activity; 2. Be participative and ideally draw on the expertise of cluster practitioners, academics and policy makers; 3. Reflect in a realistic budget and timeframe the complexity of an impact evaluation of cluster interventions in terms of methodological design and research economical tools in innovation activity.