The article is devoted to the study of theoretical and practical aspects of the formation and development of the knowledge economy. A model of the knowledge economy is proposed, which describes an economic system where knowledge is a key resource and determines the efficiency of economic processes. It is noted that an important condition for the competitiveness of economic entities is the ability to generate, implement and use innovations, and the effectiveness of the innovative activity of the company is mainly influenced by factors related to scientific and technical works. The effectiveness of the use of the intellectual capital of Ukraine as a factor in the transformation of the national economy into a knowledge economy is considered. Issues related to modern aspects of intellectual emigration and reduction of scientific research and development in Ukraine are formulated.

The peculiarities of the formation and development of the knowledge economy have been determined. Factors of knowledge management and methods of acquiring knowledge in new economic conditions are studied. The main obstacles to the development of the knowledge economy in Ukraine are indicated. The distribution of the total amount of financing of the scientific sector was analyzed and directions of reforms in the field of financing of scientific research in Ukraine were proposed. Recommendations for the reconstruction of a powerful scientific sector, which would bring maximum benefit to the future post-war economy, were formulated.

Key words: knowledge economy, innovations, intellectual property, intellectual emigration, globalization, human capital, information technologies.

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