Innovative Aspects of a Sustainable Regional Development

The article substantiates the need to create a methodology for the formation of a program of sustainable innovative development of the region, including the consistent implementation of the stages of assessing the innovative potential of the region, technology transfer, activation of innovation for regional development. The availability of productive, economic and social resources is determined as the main and significant condition for the effective implementation of the methodology for the formation of a sustainable regional development program. With the interaction of structural components, it is possible to transform resources into innovation technology. Only in the case of sharing the results of scientific activity is the transformation of innovation into an innovative product or innovative technology. Therefore, the priority direction of sustainable regional development is to stimulate interaction and exchange of technologies and results of scientific activities.