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Развитие института экономической демократии как социальная инновация в интересах домохозяйств
All innovations changes spectrum realization is very important for strategy af innovation development. This is relevant as well technological innovations as adequate social innovations. The aim of this study is to determine the role and importance of economic democracy institute in the mechanism of realization of the interests of individuals and institutions of their economic activity - households in terms of socio - innovation development. The basis of individuals, their families and households interests realization in a market system is the institution of private property. Changes in the system of property relationships can be regarded as a kind of deep socio-economic innovations which are changing the role and place of business entities in the economic system, transforming the social and class structure of society as a whole. Development of democratic institutions enables to remove social and economic contradictions, and to balance the interests of all economic actors. This will be a prerequisite for the effectiveness of social innovation in society.