Purpose – The purpose of this study is to develop a strategy for improving the innovation of domestic industrial enterprises in modern conditions. The basis for solving this problem is a deep retrospective analysis of innovation in Ukraine in terms of investment sources and areas of expenditure on innovation of industrial enterprises.
The mechanism of diagnosing the economic decisions making of business entities is
developed and justified. Based on research of theoretical provisions, authors proved economic
decision making is determining condition of economic activity and require delement of the
process of realizing the physical impact on resources through the transformation of which such
activityis carried out. Economic decisions are made directly by business entity that carries out
the activity, independently conducts economic operations, enters into contractual, property