Most scientists consider innovation to be the main driving force of economic and social development. Innovative activity has brought the world community to a new, higher stage of development. There are many views and approaches to defining the term "innovation". Some recognize innovation as the final result of innovative activity, presented in the form of a new product, while others define innovation as some kind of new technological process that is applied in practice. Innovations have a huge impact on the economics. Today innovations are widely used in all aspects of the socio-economic life...