Conceptual approaches have been developed in understanding the essence of the mechanism of financial support for innovative development, as a complex of certain forms, methods and methods of attracting various sources of financing of innovations, which, in addition to traditional ones, use specific methods and take into account the peculiarities of financing innovative development of small business, which will provide innovative development of national development. Based on the research, the leading role of small innovative enterprises in the development of small business and the national economy was revealed, the characteristics and advantages of small business structures for the innovation sphere were determined. Based on the identified indicators of small business innovation development efficiency, a composite methodology for evaluating the effectiveness of small business innovation development has been developed, which takes into account the evolution of the concept of "efficiency", methods of its evaluation and features of its application in the small business innovation sphere, which makes it possible to form a list of indicators for measurement and manage innovation processes at different levels of the economy. The method of comparative analysis of macroeconomic tendencies of innovative development of Ukraine and the People's Republic of China is improved, which is based on the proposed economic, social, science-intensive and innovative indicators, which allowed to determine not only the financial and economic level of development of countries, but also the degree of use of their innovative potential. Selected and analyzed indices characterizing the innovative development of countries .
Changes in the number of innovative enterprises in Ukraine and China and the volume of innovative products sold and the costs incurred for innovation activities are analyzed. Areas where China's experience can be important for Ukraine's economy and innovative entrepreneurship are identified. The efficiency of development and financial support of innovative development in China is analyzed and the leading role of the state as the main driving force of China's innovation development is proved, the main moments of transformation of China's scientific and technological system and its transition to a developed innovation economy are briefly described. The effectiveness of Chinese technoparks and high-tech zones for China's innovative development is analyzed. The main factors and instruments of financial support for innovative development of small business in Ukraine are identified. It is substantiated that the most common source of financial support for innovative development of small business in Ukraine is loans from commercial structures. A theoretical and game model of optimizing the interaction of these structures and start-ups in small business has been developed, which enables, through the Nash equilibrium, to carry out selfregulation of the financial support system for small business innovation activity. The general trends of the main economic indicators and perspective directions of innovative development of small business in Ukraine and China are projected. The structural and logical scheme of forecasting the main tasks of perspective directions of development of innovative activity of small enterprises in Ukraine is developed. A multifactor model of financial support for innovative small business development has been developed, based on identified sets of factors with a clear financial dimension (separately for the realities of Ukraine and China), which allows to effectively form a portfolio of financial resources for the implementation of both personalized innovative small business projects and increase the efficiency of innovative development of the country as a whole.
