The article examines the crucial role of innovations in shaping a competitive national economy in the context of globalization and rapid technological development. It explores how innovation processes contribute to sustainable economic growth, productivity enhancement, and the creation of new market advantages. The research highlights the importance of forming an effective national innovation system, promoting scientific and technological progress, and fostering collaboration between the state, business, and academia. Special attention is given to the mechanisms for stimulating innovation activity and the implementation of innovative policies that enhance the competitiveness of the economy at both national and international levels.

innovation, competitiveness, national economy, technological development, innovation policy, economic growth, innovation system, sustainable development

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