INVESTMENT AND INNOVATION STRATEGY AS A FACTOR IN INCREASING THE COMPETITIVENESS OF AGRO-INDUSTRIAL COMPLEX OF THE REGION

DOI 10.32651/211-25

Issue № 1, 2021, article № 5, pages 25-29

Section: Problems of efficient management

Language: Russian

Original language title: ИНВЕСТИЦИОННО- ИННОВАЦИОННАЯ СТРАТЕГИЯ КАК ФАКТОР ПОВЫШЕНИЯ КОНКУРЕНТОСПОСОБНОСТИ АПК РЕГИОНА

Keywords: AGRO-INDUSTRIAL COMPLEX, REGION, INVESTMENTS, INNOVATIONS, STRATEGY, AGRO-INDUSTRIAL PRODUCTS, COMPETITIVENESS, FOOD SECURITY

Abstract: One of the main conditions for the stable functioning of the agro-industrial complex of the Republic of Bashkortostan is to invest in innovations in the agro-industrial complex and its industries and enterprises, to create favourable conditions for increasing their competitiveness. For this, it becomes necessary to adopt an investment and innovation strategy for the development of the agro-industrial complex of the region, which would become a key factor in positive changes in the economic system of the agricultural sector, transfer of its economic entities to a high-tech industrial basis with progressive principles and methods of management. In this context, investment in innovation takes a special place in the socio-economic and market transformation of the agro-industrial complex, improving the quality characteristics of tangible and intangible assets of its spheres and enterprises in the region. It has been established that the task of successfully introducing innovations and increasing the competitiveness of the agro-industrial complex of the region is to develop its material, technical, human, intellectual, agricultural potential in a single relationship. There is a need to create effective mechanisms that can ensure interaction between innovative and real sectors of the agro-industrial complex of the Republic of Bashkortostan, and intensify cooperation ties. In the article, as an example of cooperation between fundamental science and practice, the creation and development of a Seed Breeding Centre for forage crops is given on the basis of own developments of the Ufa Federal Research Centre of the Russian Academy of Sciences. The study revealed that the reason for the low rate of investment in innovations in the agro-industrial complex of the region was some contradictions, the solution of which requires the development of specific approaches for the investment and innovation strategy of the agro-industrial complex. It is concluded that it is necessary to develop a regional investment and innovation strategy for the development of the agro-industrial complex of the Republic of Bashkortostan, based on state support and the activation of the role of agrarian science.

Authors: Galikeev Razit Nabiakhmetovich