The essence of the concept "industrial park" is determined. The peculiarities of the world experience in creation and development of industrial parks are investigated. The modern tendencies of development of industrial parks on the world arena are determined. In particular, the details of the functioning of the Sino-Belarusian industrial park "Great Stone" are detailed.  One of the important issues of the functioning of industrial parks is disclosed - the issue of state support. Including such types of support as co-financing of investment projects, simplification of licensing procedure, etc.  The modern aspects of the development of industrial parks on the territory of Ukraine are determined. The problems that impede the functioning of perspective forms of innovation activity are investigated. There are ways to overcome existing problems.  The peculiarities of creation of international and domestic forms of organization of innovation activity are considered, which are considered on the example of the transnational industrial parks.  Proposed directions of their development in Ukraine are offered taking into account modern problems of functioning.