Agricultural and Resource Economics (Mar 2017)

Innovation and investment activity of AIC: current state and problems of development

  • Valerii Ilchuk,
  • Tetiana Shpomer

Journal volume & issue
Vol. 3, no. 1
pp. 108 – 118

Abstract

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The purpose of the article is an assessment of the current state and identify problematic aspects of innovation and investment activity of agricultural enterprises of Ukraine and defining prospects for their further development. It is revealed that the imperfection of innovation infrastructure in the agricultural sector, low commercialization of agricultural science, undeveloped processes of transfer agricultural technology and etc. significantly constrain innovative developments in the agricultural sector of the economy. It is determined that the output of the agricultural sector of Ukraine from the crisis is possible in terms of finding and attracting non-traditional sources of investment innovation, the introduction of a special regime of investment activity in agriculture, introduction of comprehensive state support of agricultural enterprises, creating favorable conditions for agribusiness development.

Keywords