Research methodical bases of efficiency of the innovative legislation
Authors: Znamenskiy Georgiy 
Published: January 2021

Problem setting. Recently in our country the tendency to introduction of innovative activity in domestic economy has become widespread. This focus is provided by many means. Among them, not the least role belongs to the reliability and effectiveness of legislation. Therefore, both the state strategy and the relevant branch of legislation have already begun to be drafted in order to standardize and speed up the whole process.
Analysis of resent researches and publications. This article is a partial continuation of the series of works on the place of business law in the strategy of ensuring innovation in Ukraine and areas for improving innovation legislation. In general, the question of the effectiveness of innovation legislation in Ukraine has been raised by various scientists, for example, Yu. E. Atamanova, O. M. Vinnyk, S. V. Glibko, D. V. Zadykhailo, V. S. Shcherbyna and others. However, methodological principles were given more importance in broad areas, such as N. S. Kuznetsova in civil law, and in the context chosen in the article, little attention was paid.
Target of research. The aim of the article is to study the methodological principles of the effectiveness of innovation legislation.
Article’s main body. Legislative efficiency methods need to be given the same weight as existing methods for determining the economic efficiency of capital investments, new equipment and automated management systems. In this case, it is necessary to constantly keep in mind both past experience and care for the acquisition of new knowledge. The analysis of the actual effectiveness of the legislation can be carried out in three directions. First, the object of study may be the effectiveness of the internal structure of the system of economic legislation. Obviously, this efficiency can reflect the degree of compliance of the existing structure with the goals of the whole system. Secondly, there is a need to study the effectiveness of the legal system. It is solved by establishing the degree of achievement of the goals of the legal system during its implementation in real conditions. Third, it is necessary to determine the effectiveness of sets of rules of a particular system of legislation (its subsystems or individual rules (elements of the system). This implies that in general the system may have inefficient subsystems and elements, and vice versa – efficient subsystems and elements may be part of an inefficient system.
Conclusions and prospects for the development. In the context of studying the problems of the effectiveness of legislation, various new opportunities can be used, which appear in foreign countries and already bring some benefits there. A good example is the Better Regulation Delivery Office (BRDO), an independent non-governmental think tank established at the initiative of the Department of Economic Development and Trade and Western partners: the World Bank and the Government of Canada. The main thing is that BRDO is working to simplify the business environment and effective government regulation. In the near future we can expect a successful solution to the problems of efficiency of innovation and through the introduction of digital technologies.