Importance The article examines certain aspects seen in the development of crisis phenomena and the level of economic uncertainty. The research also reviews changes in key financial indicators of scientific and innovative activity during crisis periods. Objectives The research analyzes trends and structure of changing parameters that reflect financial aspects of scientific and innovative activities during crisis periods and high level of economic uncertainty. I also identify how the said parameters evolve. Methods The research draws upon the hypothesis stating that expenditures for science and innovation grow as economic uncertainty increases. The research applies methods of analytical, logic, statistical analysis. Results As I found out, financial indicators of scientific and innovative activity usually change when the economy reaches the climax of the crisis period. Conclusions and Relevance Expenditures for science and innovation equally grow when the crisis is passing through its peak. There is a certain correlation between a growth in economic uncertainty and expenditure for science and innovation. Research into such trends should be tempered with further studies. It will provide for more flexible management in the scientific and innovative sectors, better assessment of risks and potential prospects of innovation and its integration.
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