Formation of an integrated innovation system as a factor of attractiveness of the innovative environment of an enterprise and a form of implementation of radical innovations

Innovation is a significant factor in economic development at the level of the country as a whole, regions, municipalities, and companies at the present stage. Innovation ensures the strengthening of the competitive positions of states and regions within the global market, ensures the formation of new areas of production activity, and strengthens the positions achieved by the economy. The domestic economy is focused on enhancing development on an innovative basis. This circumstance determines the relevance of issues related to expanding opportunities for radical innovation and increasing the attractiveness of the innovation environment based on improving the promotion of innovative products to the market. This article focuses on the fact that the ability of companies to use modern management and management methods, to successfully implement changes using the achievements of scientific and technical progress is the key to the success of the development of the companies themselves and the implementation of innovative development of the domestic economy as a whole. Innovation, information, knowledge provide the opportunity to achieve and maintain competitive advantages. Today, the introduction of innovation is considered the only effective way to maintain high profitability and high rates of development and increase the competitiveness of products. In order to ensure the transition of regions to development on an innovation basis, it is necessary to stimulate innovatively active sectors of the regional economy and to modernize traditional sectors.