INNOVATIVE INVESTMENT POTENTIAL OF THE AGRARIAN SECTOR: ESSENCE AND SPECIFICS OF FORMATION

Issue № 12, 2017, article № 4, pages 27-34

Section: Problems of efficient management

Language: Russian

Original language title: ИННОВАЦИОННО-ИНВЕСТИЦИОННЫЙ ПОТЕНЦИАЛ АГРАРНОГО СЕКТОРА: СУЩНОСТЬ И СПЕЦИФИКА ФОРМИРОВАНИЯ

Keywords: INNOVATIVE AND INVESTMENT POTENTIAL, INNOVATION POTENTIAL, INNOVATION, INNOVATION SYSTEM, INNOVATION ENVIRONMENT, AGRARIAN SECTOR, AGRICULTURE

Abstract: Innovation model development is a method for organizational interaction subjects innovative process realizing generation innovation functions of broadcast, introduction, maintenance, use and stimulate innovation. Economic systems can be guided by the choice of both model and unique models of innovative development, taking into account their scale, territorial-sectoral specifics, development strategy, the level of innovative and investment potential and other factors and conditions. Under the innovative and investment potential, it is proposed to understand the ability of the system to modernize and transition to a new quality state, taking into account the investment attractiveness of the system as a whole and its individual elements and to adequate financial provision of innovation activity. The agrarian sector is as a part of the system of social production has its own specifics, requires an adequate mechanism for the formation and use of innovative investment potential, taking into account: the features of agriculture as a branch; limited opportunities for introducing product innovations; significant share in the structure of the agrarian sector of subjects related to small forms of management, weakly susceptible to innovation; low level of solvent demand for innovation and commercialization of innovative developments; limited financial opportunities for a large part of agricultural producers; significant level of differentiation of agricultural production branches by the level of profitability; educational and moral unpreparedness of many agricultural workers to introduce innovations. The possibilities for building up the innovative and investment potential are substantially limited: the quality and imbalance of the innovation system, the level of financial condition of economic entities; availability of investment resources; ability of economic entities to manage innovative risks, taking into account the level of development of relevant economic institutions; access to information on the supply of innovations, the level of state stimulation of the demand for innovation and state support of innovative investment projects.

Authors: Petrova-SHatokhina Tatiana Rudolfovna