Formation of the modern business environment in the agricultural sector of the economy of Ukraine

Abstract

Goal. To reveal the influence of innovations and investments on the formation of the modern business environment, to characterize the types of innovations in the agricultural sector, and to propose an algorithm for their implementation. Methods. Dialectical methods of cognition of processes and phenomena, monographic method (analysis of the evolution of scientific achievements of Ukrainian and foreign scientists on the introduction of innovations and formation of the innovative business environment in the agrarian sector of the economy), comparative analysis (the basic differences of innovations in agro-industrial production), empirical (complex analysis of the object of study), abstract (theoretical generalizations and conclusions). Results. Theoretical and practical provisions for the formation of the modern business environment have been further developed, and the impact of innovations and investments on this process has been studied. The necessity of innovative activity of economic entities in the agricultural sector of the economy is substantiated. It is proved that investments are the basis for the formation of the modern business environment with innovative processes. In the historical context, the mechanism of introduction of the innovative approach to agricultural commodity production offered by prince V. Kudashev is studied. A specific example shows the positive impact of the innovative approach to agricultural production. They proposed an algorithm for introducing innovations in the production activities of economic entities in the agricultural sector. Conclusions. The main differences in innovations in the agricultural sphere are investigated. The essence of investments and their influence on the formation of the business environment is revealed.