Methodology for assessing the effectiveness of innovative projects in agricultural production: risk assessment and identification of growth points

Issue № 3, 2026, article № 5, pages 41-50

Section: Economic mechanism of managing

Language: Russian

Original language title: МЕТОДИКА ОЦЕНКИ ЭФФЕКТИВНОСТИ ИННОВАЦИОННЫХ ПРОЕКТОВ В СЕЛЬСКОХОЗЯЙСТВЕННОМ ПРОИЗВОДСТВЕ: ОЦЕНКА РИСКОВ И ПОИСК ТОЧЕК РОСТА

Keywords: INVESTMENTS, INNOVATIVE PROJECTS, LEASING, METHODOLOGY, AMOUNT OF FINANCIAL PAYMENTS

Abstract: The article is devoted to methodological approaches to assessing the effectiveness of innovative projects in the agricultural sector of the country's economy. The need to develop and produce a wide range of innovative high-tech products for the domestic agro-industrial complex based on the implementation of the national project "Technological Support of Food Security" and the Federal Scientific and Technical Program for the Development of Agriculture for 2017-2030 (hereinafter referred to as the FSTP) is substantiated. Their implementation in business practice requires a methodical assessment of the effectiveness of investments in the modernization of agricultural production. The work notes that the assessment of the effectiveness of innovations is preceded by their in-depth systems analysis, which consists of a number of sequential stages. The feasibility of discounting cash flows in the implementation of investment projects is shown. The main principles of their economic evaluation are listed. Using the example of technical and technological modernization of agricultural production (replenishment and renewal of the machinery and tractor fleet), an assessment of the economic efficiency of investments is given based on the main indicators: net present value, internal rate of return, return on investment and discounted payback period of the project. The presented methodology is supplemented by methodological approaches to organizing rent, leasing, and determining the amount of lease payments, which is associated with the low solvency of domestic agricultural producers in the current economic environment. To accurately assess the effectiveness of investment projects, it is necessary to use risk accounting and analysis methods: sensitivity analysis, scenario analysis, simulation modeling, and others.

Authors: Nechaev Vasilii Ivanovich