Abstract
The aim of the work is to find relevant indicators for assessing the relationship between investments in fixed assets in agriculture, gross output of the industry, and agricultural exports using tools for modeling the impact of innovation and investment development on increasing production and export potential in the context of the formation of an export-oriented agricultural economy. The modeling methodology and the proposed estimating and forecasting tools for diagnosing and monitoring the state of sectoral and regional innovative agricultural systems are used to analyze the relationship between investments in fixed assets in agriculture, gross output of the industry, and agricultural exports based on the construction of the classification of Russian regions by factors that aggregate these features to diagnose incongruence problems and to improve institutional management in regional innovative export-oriented agrosystems. Based on the results of the factor analysis application, an underestimated role of indicators of investment in agriculture, the intensity and efficiency of agricultural production, were established. Based on the results of the cluster analysis, the established five groups of regions were identified, with significant differences in the level of investment in agriculture, the volume of production of the main types of agricultural products, and the export and exported food. The research results are of practical value for use in improving institutional management when planning reforms and transformations of regional innovative agrosystems.
Highlights
In modern conditions, the development of innovative and investment activities in agriculture is a driver for ensuring food security and increasing the export potential of the agro-industrial complex of countries
A high degree of differentiation of Russian regions in terms of geographic location, natural and climatic conditions, and level of resource provision acts as a significant restriction on the formation of new export positions, prejudging the need to develop a differentiated state policy for each type of region and substantiate key strategies for managing innovation and investment activities in order to strengthen the multiplier effect of investment for production, and for export
The modeling methodology and the proposed assessment and forecasting tools for diagnosing and monitoring the state of sectoral and regional innovative agricultural systems are used to analyze the relationship between investments in fixed assets in agriculture, gross output of the industry, and agricultural exports based on the classification of Russian regions by factors that aggregate these signs and the development of recommendations for increasing the innovation and investment activity of regional agricultural systems in the context of the formation of an export-oriented economy
Summary
The development of innovative and investment activities in agriculture is a driver for ensuring food security and increasing the export potential of the agro-industrial complex of countries. The problem of the formation of an export-oriented regional agrarian economy in both the leading agrarian-oriented countries and Russia is inextricably linked with an increase in the efficiency of the introduction of innovative technologies and high-tech products in agricultural production. Foreign researchers mark the development of new technologies and methods of cultivation of agricultural crops as one of the priorities of sustainable agriculture [1].
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Journal of Open Innovation: Technology, Market, and Complexity
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.