The purpose of this article is to highlight the fundamental difficulties, faced by Ukraine in the process of its integration in the global market economy. More specifically, a system of measures is proposed for review, with the aid of which Ukrainian universities can contribute to the increased competitive capacity of the national economy, the development of entrepreneurship and the effective implementation of the scientific and technical potential of Ukraine. The material was prepared in order to initiate an interactive discussion regarding different scenarios for actions and innovative strategy, as well as the legislative support of necessary reforms on the course of Ukraine’s establishment of a competitive knowledge-based economy. The article generalizes the results of the author’s research during work on the EU project «Enhance Innovation Strategies, Policies and Regulation in Ukraine», within the framework of which, options have also been developed for the strategy for reforming the national university administration system.
Key words: innovative development, scientific and technical potential, research university, the financial autonomy of universities, the university’s broker functions.