THE ROLE OF PUBLIC INVESTMENTS IN INNOVATIVE TECHNOLOGIES: ASSESSMENT OF ECONOMIC EFFICIENCY

Public investment in innovative technologies is an important tool for stimulating economic growth and technological development. This article examines the impact of public funding on the effectiveness of innovation activities, analyzes key support mechanisms and their economic performance. Particular attention is paid to assessing the return on investment, the impact on the development of high-tech industries and the creation of competitive advantages in the global market. The main barriers and risks limiting the effectiveness of public investment are identified, and recommendations for improving the effectiveness of innovation policy are proposed.