Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
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Mechanisms for attracting investments in the agricultural sector

# 21 105-110 Download/view the full text of the article

УДК: 338.43:330.322

DOI: https://doi.org/10.36887/2524-0455-2024-6-21

Ipatov Anatolii V.,
PhD student,
Poltava State Agrarian University,
https://orcid.org/0000-0003-1723-7488

The article studies investment support for developing Ukraine’s agricultural sector under wartime conditions and global transformations. It aims to analyze, systematize, and summarize the available theoretical and methodological foundations for investing in agriculture and develop an effective mechanism for attracting investments into the agricultural sector. The study presents an analysis of the strategic role of the farm sector as a source of gross domestic product, a catalyst for the development of related industries, and a driver of regional growth. The research substantiates that the effective attraction of investments to the agricultural sector is possible under the conditions of forming a transparent and sustainable institutional environment focused on innovation, partnership, and long-term development. The experience of economically developed countries, the USA, Poland, Germany, and Romania, has been examined in terms of stimulating investment activity through introducing bioeconomy, digitalization, regenerative agriculture, vertical farming, and improved energy efficiency. Standard features of the investment strategies of leading countries have been identified: a strong orientation toward sustainable agricultural production, active state participation, the use of international policy instruments, and the engagement of private capital. The analysis of institutional and practical experience in these countries has made it possible to identify key directions for improving the Ukrainian model of investment support for agricultural development. A mechanism for attracting investments into Ukraine’s agricultural sector has been proposed. Its main components include regulatory and legal support, financial and credit assistance, infrastructure development, institutional stability, and international cooperation. The mechanism aims to create a favorable agricultural investment climate, modernize production capacities, introduce innovative agricultural technologies, develop infrastructure, and integrate national agricultural production into global value chains. The proposed mechanism is based on transparency, institutional stability, partnership, innovation, and sustainability principles. Its practical implementation will contribute to increasing attractive investment in agriculture, modernizing the technical base, boosting productivity, ensuring efficient use of land resources, creating new jobs in rural areas, strengthening export potential, and enhancing the competitiveness of national agricultural production in the global market.

Keywords: investments, investment support, investment attraction, investment policy, agricultural sector, sustainable agricultural production, competitiveness.

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The article was received 12.10.2024

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Ipatov Anatolii V.. 12.10.2024. Mechanisms for attracting investments in the agricultural sector. The journal "Actual problems of innovative economy and law". 2024 / #6. 105-110pp. https://doi.org/10.36887/2524-0455-2024-6-21

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Ipatov Anatolii V.. "Mechanisms for attracting investments in the agricultural sector". The journal "Actual problems of innovative economy and law". 12.10.2024. https://doi.org/10.36887/2524-0455-2024-6-21

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