International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

The essence of the concept “management of the strategy of innovation activity” is explored. The groups of factors of the external and internal environment that influence the management of the strategy of innovative activity of industrial enterprises are distinguished. The necessity of using methods and tools that will reduce or neutralize the factors of the external and internal environment and increase the effectiveness of the strategy of innovative activity of industrial enterprises is substantiated. The author’s definition of the theoretical essence of “management of the strategy of innovation activity” is proposed.

The interrelation between innovation infrastructure of small businesses support with the creation and development of business incubators is analyzed. Imperfect system of funding and material and technical support development of business in Ukraine is established. It was determined that small and medium business accelerates economic restricting, improve organizational efficiency of national resources. So the creation of business incubators is very important for business and sustainable development in the economic situation of the country. The authors give the basic principles of state policy building for small businesses. Foreign experience in creation and development of business incubators is adapted to local conditions by combining and combining different forms, methods and means of regulation and support domestic enterprises. The authors propose the business incubator model which may promote development and management small business.