METHODOLOGY FOR ASSESSING RADICAL INNOVATIONS IN THE HISTORY OF CROP PRODUCTION

DOI 10.32651/2410-72

Issue № 10, 2024, article № 10, pages 72-78

Section: Agrofood market

Language: Russian

Original language title: МЕТОДОЛОГИЯ ОЦЕНКИ РАДИКАЛЬНЫХ ИННОВАЦИЙ В ИСТОРИИ РАСТЕНИЕВОДСТВА

Keywords: MULTIFACTOR PRODUCTIVITY, ECONOMIC ADVANTAGE, RADICAL INNOVATION, HISTORY OF CROP PRODUCTION, TECHNOLOGICAL PARADIGM

Abstract: The article presents the methodology for assessing the economic advantage of comparable radical innovations in the history of crop production. The methodology is based on the calculation and comparison of multifactor productivity of innovations; two classifications of innovations in crop production are also used: by their purpose and by their relation to the agricultural technological paradigm of the relevant historical period. The classification of innovations by their purpose specifies the type of the formula used to calculate the multifactor productivity. In turn, the classification of innovations by their relation to the technological paradigm is applied to determine the basis for comparison when assessing the innovation of interest. As a result, simple principles of ensuring an economic advantage of the innovation in relation to its basis for comparison (another innovation) are formulated, such as: 1) the change in the productivity of the technological operation should be greater than the change in the price of performing work in one unit of time; 2) the change in yield should be greater than the change in costs per unit of sown area; and 3) in case of improvement of the qualitative characteristics of agricultural products, which may be accompanied by a decrease in yield and an increase in costs, a corresponding increase in prices for the agricultural product is necessary. The article provides examples of assessing the economic advantages of a tractor and mineral fertilizers.

Authors: Korotchenia Valerii Mikhailovich