INNOVATIVE DEVELOPMENT OF AGRICULTURAL PRODUCTION IN THE CONDITIONS OF DIGITALIZATION OF THE ECONOMY-Reference-Cited by-同舟云学术

INNOVATIVE DEVELOPMENT OF AGRICULTURAL PRODUCTION IN THE CONDITIONS OF DIGITALIZATION OF THE ECONOMY

Published:2021 Issue:62 Volume: Page:
ISSN:2524-0900
Container-title:Black Sea Economic Studies
language:uk
Short-container-title:

Author:

Zoria Оleksii¹,Yasnolob Ilona¹,Radionova Yana¹

Affiliation:

1. Poltava State Agrarian Academy

Abstract

The article develops and substantiates the theoretical and methodological and applied principles of innovative development of agricultural production in the context of digitalization of the economy. In modern conditions, the key to sustainable development and efficiency of the agricultural sector is the use of advanced technologies and developments, including digital, which is especially important for our state, which aims to form an information society. It is determined that informatization and globalization of the economy, as well as reducing the share of traditional ways and industries, expanding the service sector, knowledge-intensive and high-tech industries are prerequisites for structural transformations of the economy, which are necessary for innovative development and digitalization. It is noted that by overcoming information barriers, increasing production capacity and changing the nature of production processes, digital technologies can make economic development more inclusive, efficient and innovative. The current level of digitalization of the economy allows to organize mechanisms for collecting, processing and delivery to the place of use of basic and effective information with minimal use of labor, material and financial resources to perform these functions. Having relevant information is a unique competitive advantage of businesses, which allows them to increase the accuracy of forecasting their activities and, thus, to ensure economic stability. By simplifying tasks and increasing the productivity of existing factors of production, digital information and communication technologies can significantly increase the economic efficiency of agricultural production. It is established that for a harmonious combination of all possible directions of innovative development it is necessary to create certain conditions, the main of which is a single digital platform, the formation of which will promote innovative development of agro-industrial enterprises, which is a necessary and sufficient condition for structural and sectoral transformations.

Publisher

Black Sea Research Institute of Economics and Innovation

Subject

General Medicine

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