THEORETICAL APPROACHES TO THE ANALYSIS OF THE INNOVATIVE FUNCTION OF ENTREPRENEURSHIP IN SOCIO-POLITICAL PROCESSES

The article provides a comprehensive analysis of theoretical approaches to studying the innovative function of entrepreneurship in the context of contemporary socio-political processes. The research is based on the interpretation of classical and modern theoretical concepts that reveal the nature of entrepreneurial innovations and their role in social transformations. The theoretical and methodological foundation comprises an interdisciplinary synthesis of economic, sociological, and political science approaches, allowing to reveal the multidimensional nature of the studied phenomenon. Special attention is paid to the analysis of institutional theories that explain the mechanisms of interaction between entrepreneurial innovations and processes of institutional change. Based on the systematization of theoretical approaches, a conceptual model for studying the innovative function of entrepreneurship has been developed, which includes institutional, communicative, and integration levels of analysis. The proposed model reveals the mechanisms of entrepreneurial innovations' influence on the formation of new social practices and political institutions through structural, functional, normative, and communicative dimensions. The study substantiates that in modern conditions, the innovative function of entrepreneurship extends beyond the purely economic sphere, becoming an important factor in socio-political transformations and institutional changes. The special role of entrepreneurial innovations in forming new mechanisms of social interaction and political communication has been identified, which becomes particularly significant in the context of global challenges. The research results demonstrate that the effectiveness of implementing the innovative function of entrepreneurship largely depends on the institutional context and the ability of entrepreneurial structures to consider socio-political aspects of their activities. The proposed conceptual model creates a theoretical foundation for further empirical research on the role of entrepreneurial innovations in processes of social modernization and the development of mechanisms for their support and regulation.