Економіка та управління АПК (Dec 2021)

Formation of the institutional support system for investment activities of agricultural enterprises

  • Svynous N.,
  • Gavryk O.,
  • Svynous I.,
  • Yemchyk T.,
  • Salo I.

DOI
https://doi.org/10.33245/2310-9262-2021-169-2-63-75
Journal volume & issue
Vol. 2, no. 169
pp. 63 – 75

Abstract

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The article is devoted to the problem of formation of the system of institutional support of investment activity of agricultural enterprises. A significant increase in the investment attractiveness of micro-agricultural enterprises will occur with the formation of family farms based on them, where former migrant workers will be the leaders. They will invest the earned money in the development of their own economy, and in entrepreneurial activity they will use the gained work experience in agriculture of the European Union. We believe that in the near future in Ukraine it is possible to oppose the "Brazilian" and "European" models of agriculture. At the same time, the level of concentration of assets and agricultural lands does not always create the preconditions for their effective use. This opinion is confirmed by the low importance of investment efficiency of large agricultural enterprises. This situation may be due to volatility in prices for basic agricultural products, reduced state support for agriculture, and increased integration processes in the world market, which will facilitate access to the domestic market of foreign agricultural producers, which are characterized by higher productivity. The directions of support of investment activity in agriculture by the leading countries of the world on the basis of tools use of direct and indirect influence which main task was the expansion of access of commodity producers to long-term credits and other financial services are allocated. Among the areas of indirect influence that are relevant for domestic conditions, we should highlight: scientific and production services for agricultural producers through the system of agricultural consulting at the expense of budget funds; financing and stimulation of scientific activity; development of public-private partnership to stimulate the implementation of innovative projects; use of public procurement as an instrument of investment activity.

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