Digitalization and ITS relationship with innovative development of the economy

Abstract

The study is based on a systematic approach to the conditions for the formation and evaluation of the innovative development of the economy. A methodological approach to the innovative development of the economy was developed based on the construction of forecast models that reflect the share of shipped innovative products (foodstuffs), the export of agricultural products and food products, which contribute to the maximum profit of innovatively active organizations and the gross domestic product (GDP) of the agro-food sector. The modern mechanism for increasing the competitiveness of industrial enterprises in the European market is based on an innovative digital model of economic development, the activation of innovative and investment activities, the constant adaptation of enterprises to the conditions of the internal and external environment, taking into account risks and new conditions of digital transformation. It allows you to conduct a comprehensive trend analysis using the selected estimated indicators and taking into account various factors, which allows you to identify reserves for activating the innovative development of the national industrial complex in the context of the formation of the digital economy, in conjunction with the expansion of the use of information and communication services, to justify the areas for the development of innovative activities under conditions of digital transformation of production. The distinction lies in the development of the theoretical and methodological basis of the relationship between the digital transformation of the economy and the innovative development of industry, including the agri-food sector, and in the development of predictive trends.