The issues of modeling the innovation process: challenges and solutions

This article deals with the problem of using modelling in Moldova's innovation activities. Creating a holistic model that accurately describes the dynamics of innovation processes in the Republic of Moldova is a complex task, as the created model should be reliable and comparable. This need comes from the fact that the integration of mathematical and statistical methods and modelling techniques allows organizations to develop more effective and sound innovation management strategies that can manage the complexity and uncertainty inherent in innovation processes.