Development Of Enterprises In Ukraine Research Articles

Impact of the COVID-19 pandemic on the functioning and development of Ukrainian enterprises

Impact of the COVID-19 pandemic on the functioning and development of Ukrainian enterprises

CONSULTING IN INCREASING INNOVATIVE ACTIVITIES OF ENTERPRISES OF UKRAINE

The purpose of the article is to study economic phenomena and processes in Ukraine in order to substantiate the need to intensify innovative activity on its territory and to search for promising opportunities to increase the competitiveness of Ukrainian enterprises during the political and economic crisis. Measurement of the level of innovative development of Ukrainian enterprises was carried out using data for a nine-year period of time (2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019). Methodology. The use of economic, abstract and logical research methods through methods of analysis, synthesis and graphical presentation made it possible to assess the level of innovative development of Ukrainian enterprises for the main international rating and macroeconomic indicators. Results. The content of the concept of “innovative activity” was clarified, which made it possible to highlight the main directions of innovative development of enterprises in the country. A methodology for conducting a step-by-step assessment of the level of innovative development of enterprises in Ukraine through the criteria that determine the profile of the National Innovation System of Ukraine is proposed. According to the results of the assessment, it has been found that during the analysed period, Ukraine’s positions in The Global Competitiveness Index in the context of individual rating indicators do not have stability and are positioned at the level of underdeveloped countries. At the macroeconomic level of Ukraine, this is confirmed by the annual decrease in the part of expenses for the implementation of innovative developments in the structure of GDP expenditures to a critically low level. In the process of assessing the costs of performing innovative developments by type of work, it has been found that the most funded type in Ukraine is scientific and technical (experimental) developments. Practical implications. The results of the assessment confirm the drop in the level of innovative activity of Ukrainian enterprises, the low efficiency of the National Innovation System, and explain the passive role of the state and the further lag of the country in technological development from the developed countries of the world. In such conditions, there is the need to attract consulting companies to increase innovative activity. Value/originality. A methodology for assessing the level of innovative development of Ukrainian enterprises has been formed according to the results of which it is proposed to use consulting as an effective tool of the National Innovation System in order to increase the competitiveness of Ukrainian enterprises.

STRATEGIC DIRECTIONS OF STATE ASSISTANCE TO ENTERPRISES DEVELOPMENT IN UKRAINE: MANAGERIAL AND FINANCIAL ASPECTS

The article substantiates the strategic directions of state assistance to the development of enterprises in Ukraine, i.e. managerial and financial aspects. It proves that the sphere of entrepreneurship, like any other social activity, is subjected to the influence of the regulatory policy of the state. We have also stated that business units carry out self-regulation of their operation, which is adjusted by the objective laws of the market mechanism, within which all entities in the society function. It has been argued that the assistance of the state is just to regulate and support the development of enterprises through the activities of public authorities of central, regional and local levels.
 We would like to note that in developed countries the state plays a significant role in the process of managing small and medium-sized enterprises, which today in the EU are more than 80 % of the total number of economic entities. We emphasize that the primary goal of the state policy of the European countries is to balance the interests of the state and business, to provide optimal conditions for entrepreneurial activity, to increase the competitiveness of the business. In particular, this policy is implemented through the actions of states and special programs performed under the auspices of the European Union. Business support measures are funded through EU structural funds such as the Regional Development Fund and the Social Fund.
 The data of the influential international research «The Global Competitiveness Report» of the World Economic Forum in 2019 is given, according to which the highest place in the ranking is the indicator «Cost of starting a business» – Ukraine ranks 14th among 141 countries. We would like to note that other indicators that determine the managerial role of the state, such as administrative costs and regulatory framework, are in the second half of the rating.
 It is found that obstacles to the active development of entrepreneurship in Ukraine are because of the following problems: the lack of proper financing; information vacuum; less diversification of the business environment; in many cases, the absence of an «airbag» for business development; independent lending by entrepreneurs to their clients, resulting in cash gaps; high level of corruption; lack of proper education, which is the main reason for the bankruptcy of many newcomers in the early years; the problem of scaling business with experienced entrepreneurs; business model crisis and difficulties in conquering new markets; personnel crisis in Ukraine and especially in the regions.
 It is noted that the efficiency of investments of enterprises is significantly improved due to the implementation of innovative projects. We have stated that the innovative vector of state assistance to the development of enterprises should provide for the implementation of both the general state strategy, which will take into account the introduction of innovations into the economic activity of the entities and also the innovative approach of specific enterprises, development by them of projects for the creation of innovative products. Innovation can increase the competitiveness of business entities on the market by improving the management of enterprises, quality marketing, personnel and innovation policies.

Sustainable development: trends and realities of Ukraine

The purpose of the article is to analyze the current state of the principles of sustainable development of enterprises in Ukraine, and the impact on the economy of Ukraine as a whole. To this end, was performed an analysis of Ukraine’s position on the indicators of sustainable development in the dynamics. The article defines the essence of the concept of sustainable development and its main components: economic, environmental and social. The basic principles of ensuring sustainable business development are determined. The prerequisites for ensuring and supporting the implementation of the concept of sustainable development of the enterprise in management practice are considered. The proposals on the innovative nature of economic development in the context of sustainable development of domestic enterprises are studied and substantiated. It was found that the current situation in the economy of Ukraine is characterized by not very high activity of innovation, which is caused primarily by the deficiency of own funds of enterprises and limited budget funding. The ways of transition of the national economy, in particular of domestic enterprises to the model of sustainable development are suggested.

Аналіз сучасних проблем і перспектив розвитку підприємств в Україні

The article is aimed at studying the analysis of modern problems and prospects for the development of enterprises in Ukraine. Analyzing the latest researches and publications of scientists, the general theoretical bases of problems and prospects for the development of domestic enterprises were considered. The article covers and theoretically substantiates modern problems of entrepreneurship development, which periodically require their study and research, taking into account constant changes in the economy. In general, enterprises play a significant role, because their effective activities is a source of economic growth, which ensures employment in the country and directly affects the improvement of the quality of life of the population, solving social problems and overcoming poverty. However, Ukrainian economy continues to situate «on the swings» in a constantly changing tendency. It is especially influenced by such factors as raising the US dollar exchange rate, reducing attractiveness in the world market, and recently the introduction of quarantine restrictions in the face of the coronavirus pandemic, which has had a significant impact on its development both in Ukraine and around the world. At the same time, precisely the small enterprises play a leading role in creating an effective economy of Ukraine, despite the fact that their development is uneven and they have not taken a proper place in the structure of the national economy. Thus, for the government of the country should become priority directions for stimulating the innovative activity of the entrepreneurial sector, introducing European approaches to the development of small and medium-sized businesses, as well as the formation of a favorable regulatory environment, innovation and investment climate. Moreover, the implementation of this policy should be carried out purposefully, consistently and systematically, as part of the complex of the national innovation system.

СУЧАСНІ ПІДХОДИ ДО ВИКОРИСТАННЯ ІННОВАЦІЙНИХ СТРАТЕГІЙ РОЗВИТКУ ПІДПРИЄМСТВ: ЗАРУБІЖНИЙ ДОСВІД

The systematization of modern types of innovative strategies of enterprise development, which are used in foreign practice of some countries of Europe, South and Latin America, USA is carried out in the article. It is determined that their composition includes: innovative strategies for enterprise development, based on the concept of open innovation, presented in the experience of the United States, Europe and other countries; innovative strategies of enterprise development, which are formed on the concept of openness of innovations and communication process component; stabilization and aggressive innovative strategies for the development of business structures, formed on the basis of improving existing positions in structural and managerial, functional (process), product, market, financial and economic target areas through the use of "window of opportunity"; innovative development strategies based on the principle of "triple helix", which provide for the partnership of government, business and science to develop and implement new innovative solutions for socio-economic growth of the country, businesses and research sector. It is established that in order to ensure the effective use of a certain type of innovative strategies for the development of enterprises in Ukraine, it is necessary to take into account the following aspects, namely: internal capabilities; high ability to change; benchmark for reforming the management system; parameters and characteristics of the external environment (participants of the scientific and technical sector, expert research associations, the functioning of independent experts in certain areas); orientation of enterprises (associations) to create an open environment. It is noted that most of the successful innovative strategies for the development of business structures in foreign practice involve the use of the principle of openness, involvement of participants given their ability to create synergetic effects. The need to take into account the protection of intellectual property of participants in the scientific and technical sector of partnerships of innovation is proved. It is noted that in view of this, companies that work with individual scientists, researchers, research organizations must take into account the need to protect the rights of the latter, which will promote image growth in national and international markets, will ensure effective technology transfer.

Оцінка зовнішньоекономічної діяльності підприємства: конкурентні переваги та державне регулювання

The publication analyzes Ukraine’s cooperation with the European, American and Japanese markets, which plays an important role in the current conditions of development of foreign economic activity. Strategic directions of the State-based aid for the development of enterprises in Ukraine are substantiated, namely their managerial and financial aspects. This proves that the sphere of entrepreneurship, like any other social activity, is influenced by the regulatory policy on the part of the State. The relevance of the topic under consideration is that the integration of a naional economy into the world economy, which is currently a priority direction for Ukraine, should be carried out with the help of effective and sometimes innovative means of international cooperation. It should be noted that the substantiated position of managing the foreign economic activity of enterprises should be considered as a significant factor in improving the efficiency of economic activity both at the level of individual economic organizations and at the level of the country. Management of foreign economic relations of any contemporary country, as well as enterprises, is in a certain sense an integral part of both the world economy and the international economic relations. In view of this, the peculiarities, basic principles and methods of managing the foreign economic activity of Ukrainian enterprises are identified. The factors of internal and external environment, influencing the provision of foreign economic activity of enterprises are studied, their peculiarities are defined. The factors that limit business development opportunities in the Ukrainian and international markets are highlighted. Methods of ensuring foreign economic activity are proposed to use favorable opportunities as to maximizing the efficiency of enterprises, as well as to ensure the activation of processes of foreign economic activity.

РИНОК КОНСАЛТИНГУ В УКРАЇНІ ТА ПЕРСПЕКТИВИ ЙОГО РОЗВИТКУ В РОЗРІЗІ ЦИФРОВОЇ ЕКОНОМІКИ

The article examines the relevance of consulting and its services in Ukraine, taking into account the crisis phenomena on a global scale and the complexity of doing business in Ukraine. The basic concepts and participants of consulting interaction in the process of rendering consulting services are determined. To identify the features of the current state and development opportunities of the consulting market in Ukraine, statistical and economic research methods used. The assessment of the degree of maturity of the consulting market in Ukraine, according to the results of which this market defined as immature. The activity of companies in this market as such, which accompanied by unstable processes of organization and functioning, has been determined. The uneven development of the structure of consulting services is largely due to the presence of institutional problems, the underdevelopment of the markets for certain types of consulting and the concentration of consulting companies in large cities of Ukraine. Market development can be associated with the requirements of digitalization: the development of new types of consulting services, new methods and techniques of market influence, the use of new information and communication technologies, internationalization and globalization of business. To implement these areas, it is advisable to form a professional consulting institute, which will provide the rules of the game for all participants in the consulting interaction. It recommended to position consulting at the legislative level as an important element of the innovation infrastructure of the National Innovation System of Ukraine. In these circumstances, the consulting activities will carried out within the framework of the presented types of consulting in accordance with the recommendations of the European Federation of Associations of Economic and Management Consultants. This will ensure the network interaction of all participants in innovative activities on the principles of public-private partnership, and will contribute to the development of enterprises in Ukraine.

Foreign economic activity of Ukrainian agrarian enterprises as a factor of accelerating their production modernization and implementing the innovation and investment processes of their development

The subject of the research is the processes of influencing foreign economic activity on the modernization of production and innovation and investment processes of the development of agricultural enterprises. The purpose of the work to identify and assess the impact of foreign economic activity on the need for modernization and innovation and investment support for the development of agricultural enterprises in Ukraine, foreign experience in their implementation and problems that require urgent solutions to improve competitiveness in the European and world agricultural markets. The methodological basis of the article was monographic, historical, system-structural analysis and synthesis, statistical groupings, problem-target. Results of work. The influence of foreign economic activity on the need to modernize agricultural production and accelerate innovation and investment processes in the development of agricultural enterprises is revealed. The experience of organizing innovation and investment activities abroad is presented. The directions of innovation and sources of investment, as well as the forms of their attraction at the level of agricultural enterprises to maintain and increase their competitiveness in the external economic dimension have been determined. The field of application of results. The results can be used by enterprises united by territorial communities, regional and state authorities. Conclusions. The prospects of agricultural enterprises, their foreign economic activity and competitiveness in foreign agricultural markets are associated with the implementation of innovative and innovative investment projects. However, their introduction has not yet become widespread. Summarizing the procedure for their implementation, it is possible to identify the main problems of their implementation at the level of agricultural enterprises. Now it is imperfection and lack of formation of institutional support; a limited list of assets that banks can accept as collateral.

Концептуальні підходи подолання системної кризи та формування траєкторії економічного розвитку підприємств України в умовах глобалізації

Концептуальні підходи подолання системної кризи та формування траєкторії економічного розвитку підприємств України в умовах глобалізації

Сучасний стан та фінансування інноваційної діяльності підприємств в Україні

The article aims at studying the trends in the current state of the innovative activity at Ukrainian enterprises and its financing. The current state of the innovative activity at Ukrainian enterprises is analyzed; the financing of such an activity is explored. Trends in the innovation activities of Ukrainian enterprises during 2015–2019 indicate the presence of significant problems and a low level of innovation development, which, in turn, has a negative impact on product competitiveness and economic development, in general. So, according to the Global Innovation Index-2019, Ukraine ranks 47th among 129 surveyed countries. As for industrial enterprises, only 782 of them are innovatively active, making up 15.8% of their total number. It has been found out that the introduction of innovations in industrial enterprises in Ukraine is slowing down due to the lack of financial resources. The financial resources of enterprises remained the main source for funding innovation during 2015–2019. The role of the state in financing innovation is not significant, so almost the whole financial burden falls on business entities, which naturally hinders the increase in the innovative activity at enterprises. The problems of innovative development of enterprises in Ukraine have been identified and it has been established that the current state of innovation is a consequence of the lack of strategic vision and consistent state policy in transiting Ukraine to an innovative development path. The results of the research carried out shows the necessity of designing the Strategy for innovative activity development till 2030.

Competitiveness of Small Enterprises in the Modern Economy

The article considers the place and role of small enterprises in the economic system, their impact on socio-economic development based on the functions that small business entities implement. The aim of the research is to study the preconditions for the competitiveness of small enterprises in the modern economy, to determine the advantages and disadvantages of small businesses taking into account the characteristics of the external environment. The authors examined the main trends in the development of the world economy, which are factors influencing the functioning of small enterprises, namely the participation of small businesses in global competition, the complexity of management systems of small enterprises, the general informatization of the economy, the emergence of highly specialized market niches, etc. It is proved that the competitiveness of small businesses is based on the negative “economies of scale” and relative competitive advantages in ensuring adaptation to changes in the business environment, customer focus, and low transaction costs. The basic economic, technological and social factors affecting the competitiveness of small businesses are identified. The advantages and disadvantages of small enterprises in Ukraine are formulated. As one of the main disadvantages, the shortage of various resources that small enterprises encounter is highlighted, this is why it is effective cooperation with external contractors to overcome resource constraints that is considered as the main factor influencing the results of operations. The competitiveness of a small enterprise is largely determined by its competencies in interaction with the subjects of the external environment. To study the trends and prospects for the development of small enterprises in Ukraine, the authors analyzed the main indicators of the activities of business entities using official statistical information. The share provided by small enterprises in the results of socio-economic development of the country is calculated. Conclusions are made regarding the place and role of small enterprises, their development trends, problems are identified that require attention from the state, and further scientific and practical solutions.

Інноваційні стратегії підприємств. Проблеми, шляхи вирішення.

Competitive advantages appear in enterprises only when production works and develops quite effectively, and the strategy is quite unique, that is, innovative.However, the specifics of the economic situation in the country, as well as the imperfection of existing institutions of power are prerequisites for the emergence of problems in the innovative strategic activities of enterprises.Changes taking place in the world, the orientation of the most successful enterprises to innovation also significantly affect the strategic development of enterprises in Ukraine.Half of the enterprises engaged in innovative activities are owned by the public sector or operate on the basis of so-called state orders.Private enterprises should be prepared for the fact that when producing innovative products or services , the risks are very high.Although it should be noted that the larger the enterprise, a wide range of products and a well-known brand, the weaker are the "blows" of this kind for it.However, in case of success, the company receives competitive advantages that are unique, that is, such enterprises determine the state of the market.As a result, we see a significant contradiction in the development of domestic enterprises: on the one hand, the reluctance of private enterprises to engage in innovation is justified, and on the other – the need to obtain competitive advantages, which is impossible without innovation.In the article the comparative analysis of innovative activity of the enterprises of countries CIS and Ukraine and identifies main problems of innovation activities of enterprises and the main directions for their solution.

Інноваційний розвиток національної економіки України: проблеми та перспективи

Розглянуто основні засади інноваційного розвитку національної економіки України. Здійснено оцінку діяльності вітчизняних підприємств, які впроваджують інноваційні продукти у свою діяльність. Запропоновано шляхи покращення інноваційного розвитку національної економіки України, враховуючи причини незадовільної ситуації у сфері виробництва і реалізації інноваційної продукції.

CURRENT SITUATION OF AGRICULTURAL ENTERPRISES FINANCING IN UKRAINE: ECONOMIC AND LEGAL ANALYSIS

Modern agriculture is developed in the direction of increasing the efficiency of agricultural production. This requires a stable combination of financial and economic, legal and organizational factors with the mandatory introduction of the innovative component.Scientific research is based on the current information and scientific base which contains a methodology for assessing the effectiveness of raising funds, the use of which allows systematizing a number of phenomena in the process of agricultural development, unifying the procedure for determining the nominal volumes and effectiveness of welfare payment using direct methods.The paper deals with some problematic legal issues of legal regulation of financial relations with the participation of agricultural enterprises; it is determined and justified the necessity of allocation of agricultural enterprises financial support, providing the administrative assistance and control over the target use of the given funds. The main articles of agricultural enterprises support in Ukraine were identified and the main generators of these enterprises financing were determined from the position of financial and credit institutions.The conceptual models of state support for the development of rural areas in Canada, Australia, Italy and the United States of America are analyzed. The main reasons for the unsatisfactory state of agricultural enterprises development, in particular, economic, social, infrastructural, administrative, problems that restrain the development of the agrarian sector as a whole are outlined. The necessary conditions for the development of agricultural enterprises in Ukraine are determined. On the basis of the analysis of world experience of rural development policy, a list of directions of agrarian sector enterprises support necessary for activation of rural areas development in Ukraine has been formed.The actuality and necessity of activation and harmonization using qualitatively new methodological dimensions of agricultural enterprises financing of various forms of ownership outlined the purpose of scientific search, its contour, tasks and architectonics.

ІННОВАЦІЙНИЙ РОЗВИТОК ПІДПРИЄМСТВ В УКРАЇНІ: ОСОБЛИВОСТІ ТА ПРОБЛЕМНІ АСПЕКТИ ЗА УМОВ ІНДУСТРІЇ 4.0

Introduction. The innovative development of domestic enterprises is a topical issue, attracting the attention of scientists and specialists. Among its many aspects, a separate analysis deserves the features of ensuring innovative development in Ukraine, the problems that prevent domestic enterprises from developing. Purpose. The purpose of the article is to elaborate the theoretical basis for managing the innovative development of enterprises in Ukraine, taking into account the trends inherent in Industry 4.0. Results. It is noted that the development of enterprises is directly related to their potential, which is its foundation. The main features of the economic model of Ukraine, which influence and determine the possibility of development of domestic enterprises, are systematized. It is noted that given the European integration processes in Ukraine, among the factors affecting the development of Ukrainian enterprises, it is important to consider the goals of sustainable development. A number of technologies that enterprises use taking into account Industry 4.0 are presented. The concept of the formation of the innovative system of the enterprise is formed taking into account the influence of Industry 4.0 and the paradigm of sustainable development. Originality. The concept of formation of an innovative enterprise system with the influence of Industry 4.0 and Sustainable Development has been developed. In such a case, the innovation system must take into account the need to harmonize components such as economic, social and environmental. Given the impact of Industry 4.0, it is important to take into account modern technologies, including Internet of Things and Services, cyber physical systems, industrial automation, continuous connectivity and information, cybersecurity, intelligent robotics, product lifecycle management, semantic technologies, industrial big data and computational vision. Conclusion. Domestic enterprises in particular need investment in human capital for its first, preservation, and secondly, development. Investments in human capital and its development are the key to the success of the enterprise. Professional management of human capital will provide opportunities for ensuring its economic security, efficient implementation of economic activity, increase of financial capital, etc. Human capital is the main driving force behind Ukraine's innovative development, which is able to provide it with a flexible transition and development in the rapid changes that characterize Industry 4.0. The critical changes at the state level, which are to de-oligarchize the country, to ensure the proper conditions for carrying out educational activity by higher education institutions, in particular, to minimize the procedures governing business conduct, to determine the priority of solving the problems of industrialization, to increase the social standard etc. should be considered separately.

L. Mamatova, Innovative approach in creation and financing of business in Ukraine.

The article deals with innovative approaches to the creation and financing of business in Ukraine. It is determined that the European Union supports the development of small and medium-sized businesses in Ukraine and proposes three projects under EU initiatives and programs - EU4Business, COSME, Horizon 2020. Within the framework of the proposed EU programs, their general requirements, certain types of directions, access to funding and opportunities are identified. to determine the priority directions of entrepreneurship development in Ukraine. The proposed SME support programs in Ukraine allowed to map a map of possible strategic knowledge within the framework of EU initiatives and programs that will form an innovative component of the development of enterprises in Ukraine, which consists of three components: information and consultation, training, internship and exchange of experience. A map of possible strategic knowledge has allowed you to select five programs (EU4Business Network of Business Support Centers in Ukraine, COSME IPR Helpdesk, COSME Your Europe portal, Horizon 2020, COSME ERASMUS for young entrepreneurs (EYE)) with the appropriate set of knowledge. The funding sources identify funding sources and tools, partner agencies and financial institutions. The specific objectives of the projects and programs of budget support for business in Ukraine are determined in accordance with the principles, namely, the first principle, coherence and coordination with the priorities, objectives and policy of the partner countries, and the second - the compliance with the policy of development of the EU countries in accordance with the program Transformation Program.

The Current State and the Prospects of Innovative Development of Export-Organized Ukrainian Industrial Enterprises

The purpose of the article is to study the current state and the prospects of innovative development of export-oriented industrial enterprises of Lviv region and of Ukraine on the basis of modern theory and practice in the field of economics and enterprise management. It is established that the innovative activity of Ukrainian industrial enterprises is at a rather low level with the prospect of further reduction. The key obstacles and difficulties arising on the way of innovative development of Ukrainian export-oriented industrial enterprises are highlighted. The ways of solving the problems of innovative development of export-oriented industrial enterprises in Ukraine are offered. The prospect of further research in this area is the study of key aspects of the development of export-oriented industrial enterprises with the prospect of development and increases their export potential.

Analytical support for forming the strategy of export-import activity development of enterprises in Ukraine

The current economic situation in Ukraine is conditioned by the efficiency of the export-import activity of industrial enterprises. In turn, the effectiveness of the strategy for the development of this activity depends on the scientific substantiation of its analytical support. This confirms the relevance of the topic of the article. The purpose of the article is to present the content of analytical support for forming the strategy of development of export-import activity of the enterprises in Ukraine. The object of the study is the development of analytical support for the formation of this strategy. The main methods of developing this analytical support is the multicriterial optimization method, which uses a genetic algorithm, multidimensional regression analysis, and a taxonomic method for calculating the integral index of development. The article also examines the peculiarities of the implementation of export-import activity of industrial enterprises in modern conditions, analyzes the criteria for its development, provides a system of indicators for the evaluation of this activity and the setting of a multi-criteria optimization task of maximizing the development of export-import activity of the enterprise, the solution of which is recommended with the help of software MatLab. It is recommended that the optimal values obtained are taken as the basis for determining the desired values of the export-import performance indicators.

ДЕТЕРМІНАНТИ ЕФЕКТИВНОГО УПРАВЛІННЯ ІННОВАЦІЙНИМ РОЗВИТКОМ ПІДПРИЄМСТВ

The article examines the modern realities of innovative development of agribusiness enterprises in Ukraine and substantiates the need for its further intensification and the need for thorough research. The theoretical basis of innovative activity of enterprises is considered with detailing on subjects of agrarian business and characteristic features of such activity for the specified subjects of managing that is caused by features of agriculture where the main factor of manufacture is the earth. The flowing factors and factors that caused technological and technical degradation against the background of weak investment attractiveness, reduction of innovation activity are determined. The rating of the most successful agricultural enterprises of Ukraine by the level of innovation implementation and costs for innovation activity is presented. The article presents a scheme of key determinants of the impact on innovation activity of enterprises in the agricultural sector of the Ukrainian economy. The authors give directions of innovative development of agro-industrial production of Ukraine with the separation of four groups of innovations: technical- technological, organizational-economic, social-managerial and informational with detailed examples of directions of innovations for each of the groups. The general algorithm of the process of risk management, which determines the current level of investment and innovation activity of agricultural enterprises, based on the systematization of the main stages of detection and evaluation. Activation of innovative activity of agricultural enterprises is one of the main prerequisites for stability and sustainable development of the agricultural sector of the economy, as it allows not only to change the nature of production activities, but also to fill it with new meaning and practical content. The practice of innovation, on the one hand, shows that there are still many obstacles in their way, which significantly hinder innovation development in the country; on the other hand, that innovative development is becoming, and in some places has already established itself as strategic for the development of industries and regions. However, these steps require specific content, from the organization of training to the practical implementation of large-scale innovative projects and programs.