Innovative Development of Entrepreneurship in the AIC in the Conditions of the Digital Economy: Growth Points, Measuring, and Management

Abstract

Purpose: The purpose of the work is to identify promising growth points and offer scientific and methodological recommendations for measuring and managing the innovative development of entrepreneurship in the agro-industrial complex (AIC) in the digital economy on the example of the regions of the North Caucasus Federal District of the Russian Federation. Design/methodology/approach: The authors conduct a statistical review of the innovative development of the agro-industrial complex in the regions of the North Caucasian Federal District of the Russian Federation in 2018, and also apply the method of regression analysis to determine the innovative activity of the agro-industrial complex of the studied regions. The share of the agro-industrial complex enterprises by the criterion of number and turnover in the structure of entrepreneurship in the regions under study was analyzed. Findings: It has been substantiated that in the conditions of digital economy, the prerequisites are created to accelerate and increase the efficiency of innovative development of APA entrepreneurship. New growth points—circularity and green innovation as well as automation and APA 4.0—are becoming available. In the regions of the North Caucasus Federal District, agribusiness enterprises are highly innovative and largely determine the overall innovative development of regional entrepreneurship. Originality/value: It has been proven that using the opportunities of the digital economy will increase the contribution of the innovative development of the AIC to the stability of the region, its food security and acceleration of its economic growth. For this purpose, a framework strategy for innovative development of the AIC entrepreneurship in the region in the digital economy has been developed.