Actual problems of innovative economy

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Strategies of innovation and investment activity of agrarian business entities and development models

УДК: 336

DOI: https://doi.org/10.36887/2524-0455-2020-2-2

Vitkovskyi Yurii P.,
кандидат економічних наук, доцент, доцент кафедри організації виробництва, бізнесу та менеджменту, Харківський національний технічний університет сільського господарства імені Петра Василенка, ORCID ID: 0000-0001-5806-8671

Abstract.

Introduction. The development of innovative activities ensures the adaptability of agricultural enterprises to changes in the economic environment. The introduction of diversification ensures an appropriate level of competitiveness and financial stability of agricultural enterprises. The lack of focus of the enterprise management system on the development of innovative technologies leads to the risk of financial losses and weakening of the market position of the entity.

The purpose of the research is to develop strategies for innovation and investment activities of agricultural businesses and models of their development.

Results. It is established that innovative, scientific and technological activities ensure the transformation of agricultural enterprises at the national level and ensure their entry into the world economic space. Manifestations and essence of innovative activity of domestic subjects of agrarian business are characterized. Possibilities and difficulties in the process of simultaneous introduction of innovative and diversification activities in the practice of domestic agricultural enterprises are outlined. Changes in the introduction process of the diversification strategy of the agricultural enterprise in the conditions of crises of the economic environment are characterized. The expediency of technical re-equipment of enterprises of the agricultural sector as innovations during the economic crisis is substantiated. External systems for implementing strategies to diversify the activities of agricultural enterprises are identified as a precautionary measure to prevent their internal crises. The main problems that hinder the development of full-fledged diversification and innovation activities of agricultural enterprises are outlined, and measures to intensify diversification strategies are proposed.

Conclusions. It is expedient to carry out strategic development of agrarian business entities with the introduction of diversification strategies into innovation activities at the micro and macro levels. This will ensure the maintenance of competitiveness and adaptability of agricultural enterprises in an unstable economic environment.

Keywords: strategy, diversification, innovations, innovative activity, investment activity, agrarian enterprise.

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The article was received 18.04.2020