The paper identified and reasonably effective mechanisms for technology transfer in Ukraine and several foreign countries. The analysis of the national and international technology transfer. It is shown that based on the experience of the transfer of innovative technologies in foreign countries, the priority areas of the state scientific and technical policy is to create conditions for innovation-based economic development and structural adjustment of industrial and technological sectors. The development of legislation affecting science and technology and innovation activity in Ukraine. Comparison of statistical data on the innovation process in the European Union and Ukraine. Investigated the technical and technological production in Ukraine, as well as the factors that hinder the development of innovations in the industry. Found effective mechanisms for technology transfer in foreign countries (USA, Germany, Japan, Russia). The role of technology transfer centres, public-private partnerships, long-term leasing of equipment, government contracts, the introduction of tax incentives to enterprises that carry out upgrading and development of new technologies. An effective means of technology transfer that will enhance innovation processes of enterprises in the innovation economy type. [ABSTRACT FROM AUTHOR]