Actual problems of innovative economy

The journal is added to the the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from 11.07.2016 No. 820
The journal is indexed in the International Scientific Center of Index Copernicus International

Features of innovative potential formation of agricultural business subjects in the system of their investment activity

УДК 658.111.2..001.895: 300.322

DOI: https://doi.org/10.36887/2524-0455-2019-4-8

ВІТКОВСЬКИЙ Юрій Петрович, кандидат економічних наук, доцент, доцент кафедри
економіки та маркетингу, Харківський національний технічний університет сільського
господарства імені Петра Василенка
ORCID ID: 0000-0001-5806-8671

Abstract

Introduction. In the process of introducing models of strategic management of innovation and investment potential of agricultural enterprises, it is necessary to analyze the influence of external factors and internal capabilities of the enterprise. This helps to identify the most favorable directions of innovative development of the agricultural entity.

The purpose of scientific research is to develop theoretical aspects of the innovative potential formation of agricultural business entities in the system of their investment activity.

Results. It is established that the use of qualitative and quantitative characteristics of innovative capabilities of agricultural sector subjects without defined criteria hinders the organizational and economic mechanism of choosing innovative investment models and strategies. It has been determined that the dynamics of investment provision is a basic parameter of reproduction processes. The tasks of investments are highlighted, the fulfillment of which is provided by the reproductive function. The lack of innovative potential of the majority of domestic agricultural enterprises is revealed. It is established that the innovative potential of the enterprise characterizes its investment attractiveness. The expediency of considering innovative potential in the system of other types of enterprise potentials is substantiated. It is determined that the research of innovative potential should take into account possible investment cycles in the enterprise activity. The main factors of investment potential development of economic entities are given. The investment environment is characterized as the volume and structure of mobilized and used potential or real investment funds from internal and external sources of formation. The main task of investment potential accumulation in enterprises is determined. The criteria are characterized, on which the formation of investment potential will depend. The conditions are identified that contribute to the growth of innovation potential. The features of investments implementation into innovations are characterized. The main tasks of monitoring of innovative potential are defined. The state of the organizational component of investment potential at modern domestic agricultural enterprises has been analyzed.

Conclusions. The innovative potential development of domestic enterprises of the agricultural sector is the key to their successful activity. Managing the investment potential formation is a key task for the strategic development of agricultural entities.

Keywords: economic potential, innovation potential, investment, agricultural enterprise, investment attractiveness, investment cycle.

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The article was received 10.05.2019