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Innovation and investment support for sustainable development of the agricultural sector of the economy

Journal: RUDN Journal of Economics (Vol.31, No. 1)

Publication Date:

Authors : ;

Page : 59-73

Keywords : sustainable development of agriculture; big data analysis; food security; innovation; investment; agricultural sector of the economy;

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Abstract

It is possible to ensure the country’s food security only with the sustainable development of the agricultural sector of the economy, which, in turn, is impossible without a transition to an innovative way of agricultural development. Consistent implementation of import substitution practices, improving the quality and increasing the volume of products in the long term will allow the domestic agro-industrial complex to reach a new level of its development, it is also possible only with the widespread introduction of innovative technologies and tools, thereby ensuring a high level of competitiveness of domestic agricultural products. At the same time, it is necessary to take into account the transformation of the agricultural sector of the Russian economy, which is taking place under the influence of increasing geopolitical risks, which should become a point of growth of the domestic agro-industrial complex, since, as practice shows, any economic crisis is replaced by economic growth subsequently. The aim of the study is to develop and test a methodology for determining the factors of sustainable development of the agricultural sector of the economy, based on the technology of data-mining and big-data analysis, and to conduct a subsequent assessment of trends in the identified factors.

Last modified: 2023-04-05 03:48:20