Current Global and Russian Trends in the Development of Investment and Innovation in the Agro-Industrial Complex

Abstract

AbstractThe current crisis of the world economy is characterized by the redistribution of cash flows, which is inter-sectoral and territorial in nature. The agricultural economy was particularly affected by the pandemic crisis, and its recovery must be based on a fundamentally new innovative framework that ensures its competitiveness in domestic and foreign markets. Scientific studies give considerable attention to the problems of regulating investment flows in the agricultural economy. However, some problems of innovative transformation of the agro-industrial complex remain understudied, including the problems related to the formation of trends of innovation in the agro-industrial complex, the identification of growth points of new innovative trends, the rationale for improving the state regulation of innovation activity in current conditions, and others. These problems justified the choice of the research topic, its goal, and objectives. The authors of the research aim to identify and develop global and Russian trends in developing investment and innovation in the agricultural sector. In accordance with the goal, the research solves several problems concerning new trends in the development of innovation processes in the global agricultural economy and the agricultural sector of Russia. The primary research results are presented, which are of particular scientific value. The authors substantiate the directions and vectors of investment flows into agricultural production in the global agricultural market. The updated architectonics of the investment attractiveness of the agricultural economy is presented. Trends in the development of the global agro-industrial complex are substantiated. Additionally, the authors identify factors limiting the growth of investment and innovation in agriculture in Russia. Moreover, they form vectors of investment of large agricultural companies in the agricultural economy of Russia. The directions for improving the mechanism of state regulation of innovation and investment processes in the agricultural sector of the economy are proposed.KeywordsInnovationInvestmentsTrends and development trendsAgricultural economyGovernment regulationJEL CodesE00E20E22