Innovation and investment processes of development of the agricultural sector of the economy of the Russian Federation

Issue № 3, 2023, article № 5, pages 52-59

Section: Economic mechanism of managing

Language: Russian

Original language title: ИННОВАЦИОННО-ИНВЕСТИЦИОННЫЕ ПРОЦЕССЫ РАЗВИТИЯ АГРАРНОГО СЕКТОРА ЭКОНОМИКИ РОССИЙСКОЙ ФЕДЕРАЦИИ

Keywords: INNOVATION, INVESTMENT, INNOVATION AND INVESTMENT POTENTIAL, INNOVATION AND INVESTMENT ACTIVITY, AGRICULTURAL BUSINESS

Abstract: The formation of a holistic strategically oriented innovation and investment process determines the futility of investing in outdated technologies in favour of intensifying Russia's innovative transition to a new technological order. The purpose of this study is to study the methods and mechanisms of creating innovation and investment potential for reviving the innovative activity of enterprises in the agricultural sector of the economy, provided the necessary economic compliance of investments with innovations. Separate elements and components of this economic process are identified and disclosed, which made it possible to justify the effectiveness and identify reserves for increasing the activity of investment and innovation activities of agricultural enterprises. In the course of the research, statistical, monographic, computational and constructive, analysis, synthesis, expert assessments, economic and mathematical and other general scientific methods were used. The analysis made it possible to develop a generalized scheme of elements of the innovation and investment process of agricultural business development and to determine the indicators of its attractiveness. It is concluded that the modern investment potential should ensure the advanced development of agricultural science and technology in comparison with the world level, while the main source of development of investment and innovation activities of agricultural business should be an increase in the share of public investment, which implies the activation of their use in innovative projects.

Authors: Zaporozhets Dmitrii Vasilevich