Mishchyk O. Economic growth and sources of its financial ensuring in the conditions of shaping innovative economy

The thesis is devoted to the study of the theoretical and methodological basis of economic growth and the sources of its financial support in the conditions of the innovative economy. The in-depth analysis of economic growth at the category and institution level, as a really existing economic phenomenon, is made. The essence, role and structure of financial support for the economic growth in the process of forming the innovative economy were developed. The main institutional forms of financial support for the economic growth - private capital and public funding - are being detailed studied. The main sources of funding of the economic growth in conditions of the innovative economy - profit, depreciation deductions, budgetary resources, bank credits, savings, investments enable to diversify resources for it and unite entrepreneur and public sector capitals. The necessity and the principles of implementation of public - private partnership are studied, for the purpose of forming grounds for financial support of economic growth through funding of innovative projects. Public - private partnership consists of cooperation of public authority and private capital on the basis of mutual incentive, provides economic growth and allows to comprehensively use the private sector potential, with the firmly determined leading role of the government. Types of funding innovative projects within the system of principles of public and private capital partnership were proposed: a direct (one-way) funding is resources of the government budget in order to implement specific target innovative programs and projects or resources of businesses with private capital, and a partial (multi-way) funding is a partial participation of government, science and business in co-funding innovative projects. It is proven that the innovative economic policy in Ukraine should concentrate on 3 directions: arranging of innovative financing; regulating of innovative activity financing; providing the stimulation of interaction in the field of financing R&D of the government, private sector and science.