IMPROVING THE SYSTEM OF PUBLIC SUPPORT AND MECHANISMS TO STIMULATE INNOVATION IN AGRICULTUREJournal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.15, No. 2)
Publication Date: 2014-07-01
Authors : Liudmila TODOROVA;
Page : 417-422
Keywords : economic development; enhancing innovation; innovation projects; venture financing;
In most countries and regions in the scientific community is increasingly a question about the level of economic development of the primary and secondary branches of national economy. Here the degree involvement in the innovation process is no less important aspect of sustainable development of small and medium-sized enterprises, in particular, engaged in agricultural production, which is now regarded as generators of the most innovative ideas, implementing successful innovation projects. But, most of the financing of innovative projects in the Republic of Moldova at the expense of public funds, and to a lesser extent with additional private or foreign investments. Therefore, is required a deep analysis of the composition and structure of the innovation environment in the country and develop a mechanism for enhancing innovation through the effective interaction of significant economic and political instruments. The article draws on statistical and economic research methods. The main methods of processing and analyzing statistical data are: economic grouping, comparison and analysis of variance. Research results indicate the need for the formation of venture investment in the innovation process through the development and adoption of the corresponding legal and regulatory framework, and the establishment of closer ties between private entrepreneurship and the scientific community.
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