Innovations as the main factor of agricultural development at the regional level

Abstract

Aim. Identification of modern features of innovative activity in the agricultural sector of the economy of Ukraine on the example of the Cherkasy region. Methods. Sociological, economic, expert, technological, statistical, marketing. Results. In the modern economy of the Cherkasy region, innovations are an effective means of increasing the competitiveness of agricultural enterprises, since their goal is to create new products and enter new markets, inflow of investments and decrease the cost of production. The innovative activity of regional scientific agricultural institutions today is required the intensification of research against the background of increased competition in the market and the wide introduction of Ukrainian products into the world economy. The experience of economically developed countries is showed that the effectiveness of innovative activities and the degree of involvement of commodity producers in the innovation process largely determine the success of entering the world agricultural market and the competitiveness of agricultural commodity producers. This is placed high requirements on the modernization of the domestic agricultural industry and the development, implementation and use of innovations in this area, making it one of the key principles of strategic development. But there are still a large number of unresolved issues regarding the introduction of domestic innovations: low solvency of agricultural enterprises, imperfect support for innovative activities at the state level, high risk when introducing new technologies, lack of qualified specialists in the field of innovation, lack of an established financial mechanism for the innovative development of agricultural enterprises. The most pressing issue is the modification of completed scientific developments into a knowledge-intensive innovative product, as well as its further implementation. Conclusions. Unfortunately, the interaction between science and business in the state is very weak and underdeveloped. That is why a significant number of promising and interesting innovations are not commercialized and agricultural enterprises lose the opportunity for modern innovative development, which is especially important in the conditions of wartime and the post-war period.