Innovations as the main factor of agricultural development at the regional level

Aim. Identification of modern features innovative activity in the agricultural sector economy Ukraine on example Cherkasy region. Methods. Sociological, economic, expert, technological, statistical, marketing. Results. In region, innovations are an effective means increasing competitiveness enterprises, since their goal is to create new products and enter markets, inflow investments decrease cost production. The regional scientific institutions today required intensification research against background increased competition market wide introduction Ukrainian into world economy. experience economically developed countries showed that effectiveness activities degree involvement commodity producers innovation process largely determine success entering producers. This placed high requirements modernization domestic industry development, implementation use this area, making it one key principles strategic development. But there still a large number unresolved issues regarding innovations: low solvency imperfect support for at state level, risk when introducing technologies, lack qualified specialists field innovation, established financial mechanism development enterprises. most pressing issue modification completed developments knowledge-intensive product, as well its further implementation. Conclusions. Unfortunately, interaction between science business very weak underdeveloped. That why significant promising interesting not commercialized enterprises lose opportunity which especially important conditions wartime post-war period.