The Formation Of The Competitiveness Of The Enterprises Of Machine-Building Complex Of Ukraine

The purpose is to analyse the existing approaches to determine the value of the production of innovative products and innovation in enterprises of machine-building complex of Ukraine in order to improve their level of competitiveness. Methodology. Statistical analysis and generalization of scientific approaches to the formation of the competitiveness of machine-building enterprises. Results of the of the analyzed approaches allowed to identify the cause of the imperfection of innovation policy in engineering. According to the research, the number of machine-building enterprises engaged in innovation activity, constantly shrinks; the share of innovative products in the total is only 3.5-4%, and the volume of imports of high-tech products exceeding the size of own production; the level of knowledge-intensive industrial production is only 0.3%. All this slows down the process of creating competitive products and as a result, the failure to provide highly own products to other industries, take a niche world of mechanical engineering. Practical implications. Ensure accelerated economic growth of the country as the defining condition for implementation of the European integration aspirations of Ukraine in the short term requires the intensification of innovative activity of the machine-building enterprises. The current state of innovation activity of enterprises in Ukraine is characterized by a number of negative factors: the internal environment of the majority of machine-building enterprises does not correspond to the market conditions of managing: high energy productions, the growth of the degree of wear and tear of fixed assets and reduce investment to update them, the lack of introduction of advanced production and resource-saving technologies, reducing innovation activity due to lack of financial resources significantly affect the level of the competitive machine-building enterprises. Value/ originality systematic approaches to determining the impact of innovation on the level of competitiveness of the machine-building enterprises on the external and internal markets.