The article deals with problems of small and medium-sized businesses development in Ukraine. The social and economic functions of small and medium-sized businesses are outlined. Statistical indicators of small and medium-sized businesses and individuals-entrepreneurs activity is analyzed.
The purpose of the article is to summarize the main characteristics of scientific and research development, innovative and innovative technological activities in Ukraine, defining innovation activity directions of the State policy’s shortcomings elimination.
The article deals with the problems of activation of innovative activity of small enterprises in Ukraine. Development of small businesses is an important factor in ensuring the stability of the economy and its adaptation to the conditions of operation, including integration with the EU. This is what determines the relevance of creating conditions for the development of small business in Ukraine and increase its innovation activity.