Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)

Establishing Agro-Industrial Complex Innovative Development Mechanism

Authors
Oksana Vaganova, Viktor Zakharov, Natalya Solovjeva, Mahamadou Sidibe
Corresponding Author
Oksana Vaganova
Available Online 17 December 2020.
DOI
10.2991/aebmr.k.201215.016How to use a DOI?
Keywords
agro-industrial complex, state support, innovations, innovative development, management mechanism, agriculture
Abstract

The Agro-Industrial Complex of the Russian Federation, like any other complex, cannot function without investment. The authors propose a model of the mechanism of innovation in the Agro-Industrial Complex. The article analyzes investment in fixed assets, reveals the dynamics of export of agricultural products in 2010-2019. The results of the analysis demonstrate stable dynamics of investment growth and prove that investors highly appreciate the opportunities provided for the development of agribusiness in the southern regions of Russia. But like any other way of investing money, investing in agriculture has its positive and negative aspects. The authors determine the positive aspects, which are state support, stable demand and the impact of sanctions, while the negative factors include long payback period, high risks, and territorial and climatic conditions of the region. The article analyzes the Strategy for the Development of the Agro-industrial Complex and the Fisheries Complex by 2030, which should ensure the country’s food security and increase the export of agricultural products. Particular attention is paid to the financing of state programs for the development of agriculture, and a forecast of the development of the Agro-Industrial Complex is proposed for two options, taking into account the implementation of the strategy and without it.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 December 2020
ISBN
10.2991/aebmr.k.201215.016
ISSN
2352-5428
DOI
10.2991/aebmr.k.201215.016How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Oksana Vaganova
AU  - Viktor Zakharov
AU  - Natalya Solovjeva
AU  - Mahamadou Sidibe
PY  - 2020
DA  - 2020/12/17
TI  - Establishing Agro-Industrial Complex Innovative Development Mechanism
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 74
EP  - 77
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.016
DO  - 10.2991/aebmr.k.201215.016
ID  - Vaganova2020
ER  -