Research of Competitive Environment Peculiarities of Investment and Innovation Development of Ukraine Regions

This article provides an evaluation of investment attractiveness of the economy and industry of Ukraine. The regional concentration of investments has been considered. It has been proved that a high level of differentiation in the areas development serves as a repulsive factor of attracting foreign investors. There has been used the methodology applied for evaluating the investment attractiveness of regions. By results of its usage the Ukraine’s areas have been grouped according to the level of investment attraction, the directions of innovative development programs have been formed. The particular groups of regions have been defined: the group with innovative self-sufficiency level, where centers of scientific and industrial potential of the country are concentrated; the group of regions with average level of attracting investments that are able to provide domestic market of Ukraine and partly the foreign market with innovative products; the group of regions mainly with medium or low levels of investments attraction, that are able to provide innovative products partly for domestic market and areas with low level of investments attraction, that will require significant financial costs, development of specific individual measures for state support of innovation activity