Abstract:

The article is devoted to assessing the impact of innovation on the economic development of the forest complex. Currently, the economic situation has undergone significant changes. In a transformational environment, the economic development of production depends on the ability to find the optimal solution in the process of introducing a new product and generating revenue from its sale. At the present stage of economic development, the role of regional socio-economic systems in the overall development of the country is fundamentally changing. The relevance of the chosen research topic is due to the need to develop of a method of an assessment of the impact of innovation on economic development, which should take into account the peculiarities of innovative activity of production. The advantage of this method of an assessment is the in-depth study of traditional analysis of production, assessment of quantitative expression of the reasons for productione growth, creation of conditions for monitoring and increasing the productivity of new products in the forest complex.