Analysis of investment and innovation support for the agricultural sector of Ukraine

Abstract

The definition of innovation and investment support for developing the agricultural sector is clarified. The dynamics of capital investments in Ukraine’s agriculture, forestry, and fisheries and their share in the total structure of capital investments are analyzed. The share of capital investments in Ukraine’s agriculture, forestry, and fisheries in terms of sources of financing are highlighted, and the aspects of bank lending to the agricultural sector are singled out. The dynamics of direct investment in Ukraine are covered, and it was established that growth in capital investment in agriculture, forestry, and fisheries was observed in 2021 and 2013-2018. The basic components of investment support for the development of the agricultural sector, such as private capital, state investments, international investments, and credit resources, are identified. Their advantages and disadvantages are characterized. Ukraine’s global innovation index (GII) for 2013-2023 and its components are studied. It was established that in 2022, Ukraine took the 57th position (49th in 2021) and 2023 – 55th in the GII ranking. The factors influencing the rating of Ukraine in the world ranking of economies according to the GII are identified. A correlation analysis between the GII and its sub-indices is carried out. A close connection between GII and “Knowledge and technology outputs” has been established. A linear functional relationship is formed between GII and “Knowledge and technology outputs” as subindex.