E3S Web of Conferences (Jan 2023)
Features of innovative activities of agricultural organizations in the conditions of macroeconomic instability
Abstract
The article argues for the necessity of boosting the innovation activities of agricultural organizations to overcome contemporary macroeconomic instability caused by the cyclicality of development in all economic agents, including those engaged in the agricultural sector. It describes the distinctive features of innovation processes in agriculture. A classification of innovations that can be implemented in agricultural enterprises is presented from a comprehensive perspective. The most effective and realistic types of innovations in the current conditions of external and internal environmental instability are highlighted. Special attention is given to the digital transformation of business processes in agricultural enterprises, showcasing their effectiveness. A step-by-step algorithm for implementing innovations in agricultural enterprises with the aim of enhancing their resilience to the impact of macroeconomic instability factors has been developed.