The impact of economic recession on the management of innovative provision of state functions during crisis situations

Abstract

The article examines the optimal use of innovative potential in search of ways to ensure the institutional status of the state and preserve national identity during crisis situations. The practical significance lies in the clear definition of priorities and directions of the state's regulatory ability in conditions of uncertainty to maintain macroeconomic stability and an effective system of counteracting destructive exogenous influences. In this connection, the study of the impact of economic recession on the management of innovative provision of state functions during crisis situations becomes extremely relevant. The current state of the country is revealed, which does not contribute to the development of innovations at all due to external threats, strong inertia of processes and a certain misunderstanding on the part of the economic authorities of the state. A structural and logical scheme for building a mechanism for managing the innovative development of the economy in the conditions of crisis phenomena is proposed. Realistic ideas about the lack of effectiveness of existing development institutions, the prospects of new vectors for managing the innovative potential of the state, the behavior of the subjects of future structural transformations, the existing problems of the strategy and tactics of reforms that prevent the effective development of the innovative national economy are determined. It was emphasized that in order to overcome the existing gaps in society, it is extremely necessary to motivate the actions of the economic authorities to solve the existing problems in the system of state regulation of the innovative development of the economy. The role of the state in economic development was analyzed and it was found that in the modern conditions of increased global competition and crisis phenomena, many institutions and institutions that mediate socio-economic life are being borrowed. It has been proven that the scale of crisis processes requires the country to rethink its national development strategies, because globalization and political challenges of today not only create mechanisms and sources of communications, but also change the quality of those existing institutions that establish rules and frameworks for the functioning of economic systems. Global transformational changes and today's realities convincingly testify to the need to learn about the institutional dimension of the innovative economy, to overcome existing institutional traps in the process of introducing innovative technologies.