Glocalization of regional innovation development

This paper summarizes the arguments within scientific discussion on issue of global-local interactions a region and usage its synergy for innovation development. Glocalization concept provides combination global local issues development that is an competitive advantage region. The main purpose research to determine paradigm shift from traditional modern regional policy under conditions glocalization based European research, experience countries’ regions reveal prospects implementation in Ukraine. relevance decision this concepts globalization comprehensive integration have reached their limits, it can be stated beginning era - cooperation, focusing resources advantages. Investigation carried out following logical sequence: theoretical background, formation, strategic vectors determination. proposed methodological approach formation principles glocalization: systematicity, multilevel governance, cross-sectoral co-operation (a horizontal coordination), dialectics dimensions, priority national interests, effectiveness, uniqueness, resource availability, sustainable presents results analysis sphere, which showed complementary glocal components innovative regions, namely: local, expressed through effectiveness activity region, (effectiveness international cooperation sphere) regulating institutions. Regional systems determined as conceptual basis interactions. importance social capital practical revealed. empirically confirms theoretically proves although aimed at overcoming disproportions socio-economic levels, but expense other instruments – mobilization own reserves accordance with independently developed program action. relevant Ukraine countries powerful potential aspect building effective system.