Innovative and investment support for the potential of agricultural enterprises sustainable development

  • Petro Makarenko Poltava State Agrarian Academy
  • Volodymyr Piliavsky International University of Business and Law
Keywords: innovation-investment support, reproduction, potential, growth, agrarian enterprises, resource conservation, new technologies, management, sustainable development

Abstract

The subject of the research is theoretical and practical aspects of the formation, use and reproduction of the potential of sustainable development of agrarian enterprises on the basis of innovation and investment support. The purpose of the work is to identify the features and competitive advantages of innovation and investment to ensure the sustainable development of agrarian enterprises and to substantiate the tools and means for its improvement in the future. Methodological basis of the article became as general scientific, and special methods of scientific knowledge. Were used methods: dialectical, monographic, historical, system-structural analysis and synthesis, economic comparison, problem and program-target approaches. Results of work. The article substantiates the relevance of innovation-investment tools, tools and methods and models of reproduction and increase of the potential of sustainable development of agrarian enterprises. The content of innovation and investment activity and its influence on resource use, as well as the provision of resource support as a reverse process, are revealed. The main manifestations, problems and trends of development of these actions are assessed. Mechanisms and forms of realization of innovation-investment support of sustainable development potential are developed. The means of system management for improvement in the future are determined. The field of application of results. Conclusions and results of the article can be used in the educational-scientific process of the economic faculties of higher educational institutions. It is expedient to transfer them for practical use in the management of agrarian enterprises, first of all, the resource potential of their development. Conclusions. Preservation and strengthening of innovation and investment support of sustainable development of agrarian enterprises is connected both with the restoration of the rates of economic growth, which provides demand for high technology products, as well as the formation of innovative support of agrarian production, proving the results of scientific and technical activities to practical use, as well as organizations serving the market for innovative services. It is determined that management of innovative activity of agroformations consists in the fact that the set of operations and procedures of the influence of the control subsystem on the managed is carried out within the limits of organizational and economic structures in which the organizational and economic management mechanism is complex and multidimensional entities. Management of innovation and investment activity should cover the scope of management activities directly related to the use of specific system elements and control levers: innovation and investment design, indicative planning; marketing and resource strategies, etc.

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Author Biographies

Petro Makarenko, Poltava State Agrarian Academy

Doctor of Economics, Professor, Head of the Department of Enterprise Economics

Volodymyr Piliavsky, International University of Business and Law

candidate of economic sciences, doctoral student

Published
2019-03-30
How to Cite
Makarenko, P., & Piliavsky, V. (2019). Innovative and investment support for the potential of agricultural enterprises sustainable development. University Economic Bulletin, (41), 29-35. https://doi.org/10.31470/2306-546X-2019-41-29-35
Section
Agrarian Еconomy