PROBLEMS AND PROSPECTS OF FINANCING OF INNOVATIVE ACTIVITY OF THE AGRICULTURAL ORGANIZATIONS

Issue № 7, 2017, article № 4, pages 20-25

Section: Problems of efficient management

Language: Russian

Original language title: ПРОБЛЕМЫ И ПЕРСПЕКТИВЫ ФИНАНСИРОВАНИЯ ИННОВАЦИОННОЙ ДЕЯТЕЛЬНОСТИ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ

Keywords: FINANCING, INNOVATIVE ACTIVITY, AGRICULTURAL ENTERPRISES

Abstract: Rapid growth of the population, impact of climate change, need of reduction of emissions of greenhouse gases for agriculture, fast development of emerging economies and the growing instability connected with shortage of land, water and energy resources - all this raises a critical role of the innovations designed to make agriculture more competitive and steady. Besides universal tendencies modern Russia pursues own interests concerning innovative activity of the agricultural organizations is ensuring national food security of the country. Despite the high level of the competition in the sphere of agriculture, innovative activity of the organizations occupied in this sphere, rather low. The purpose of this article is studying of problems and the prospects of financing of innovative activity of the agricultural organizations. The methodology of work is based on the statistical analysis and general scientific methods of carrying out a research: synthesis, deduction, induction, formalization, etc. During a research by authors it is proved that shortage of financing is the key reason of low innovative activity of the agricultural organizations. Authors have defined prerequisites to manifestation of innovative activity by the agricultural organizations, key problems of financing of innovative activity are revealed, prospects are designated and recommendations about improvement of financing of innovative activity of the agricultural organizations are offered. Prospects of a solution of the problem of financing of innovative activity of the agricultural organizations are connected with formation of the corresponding institutional providing. Creation of specialized investment funds and development of cluster processes is recommended. It will allow increasing investment appeal of the agricultural organizations and will expand their financial opportunities concerning innovative activity.

Authors: Popkova Elena Gennadevna, Bogoviz Aleksei Valentinovich, Popova Larisa Vitalevna, Litvinova Tatiana Nikolaevna, Filin Murad Aleksandrovich