| Title |
Innovation as a source of agribusiness development |
| ID_Doc |
73988 |
| Authors |
Sokolova, AP; Litvinenko, GN |
| Title |
Innovation as a source of agribusiness development |
| Year |
2020 |
| Published |
|
| DOI |
10.1088/1755-1315/421/2/022053 |
| Abstract |
The Innovative development is a key element and the most important condition for the progressive development of organizations of any line of activity and of any scale. Modern global challenges, the emergence of breakthrough technologies, the penetration of digitalization in all spheres of economic activity make us use new mechanisms for doing business, and introduce new technologies and development at an accelerated pace. The increasing penetration rate of new technologies every year in all areas of economic activity creates not only new opportunities for business development, but also leads to new threats. Therefore, the integral introduction of innovations in the field of building a business model, developing, manufacturing and marketing new products, developing production processes becomes an integral condition for the sustainable development of companies and the growth of business competitiveness. In conditions of limited funding at the level of the state economy, it is necessary to highlight those areas of economic activity which can serve as a locomotive of innovative transformations. Their development is the most obvious and less risky. The agricultural sector is one of these areas in the economy of the Russian Federation, since the lag in the level of labor productivity from world leaders is the most significant here. The innovative development of agribusiness requires a focused integrated approach, including solutions in the field of productive interaction between science, the state, and entrepreneurial structures. To a large extent, the success of innovative development is determined by the ability of companies to attract financial resources for the implementation of innovative projects. For smaller companies like the majority of agricultural enterprises, the creation of productive partnerships is a promising direction to solve financial problems. An innovative approach to doing business requires restructuring the operating model of agricultural enterprises to create opportunities for a flexible response to the emergence of new opportunities and threats to business development. |
| Author Keywords |
|
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Science (CPCI-S) |
| EID |
WOS:000651781000054 |
| WoS Category |
Agriculture, Multidisciplinary; Biodiversity Conservation; Engineering, Environmental; Environmental Sciences |
| Research Area |
Agriculture; Biodiversity & Conservation; Engineering; Environmental Sciences & Ecology |
| PDF |
https://doi.org/10.1088/1755-1315/421/2/022053
|