THE ROLE AND SIGNIFICANCE OF INNOVATIONS IN THE FORMATION OF STRATEGIES FOR THE DEVELOPMENT OF ENTERPRISES OF THE AGRO-INDUSTRIAL COMPLEX OF UKRAINE

Keywords: strategy, agro-industrial complex, enterprises of the agro-industrial complex of Ukraine, development strategies, innovations, innovative development

Abstract

A study of the essence of the strategy category was carried out by various scientists. It is determined that it is considered mainly as a set of rules. The main types of strategies are considered, while attention is focused on the essence of the offensive strategy, which involves making massive investments in R&D and conducting marketing research, ensuring organizational adaptation of business entities, conducting active advertising activities. Emphasis is placed on the expediency of forming development strategies, which can be considered as clarifying their main types, taking into account the influence of the innovative factor, the study of which actualizes the function of the influence of innovations, strengthening their role and importance in order to ensure the effective development of economic entities. The main types of development strategies are considered: active and passive. It is proposed to consider the development strategy of enterprises of the agro-industrial complex of Ukraine, taking into account the possibility of their implementation of active strategies in modern business conditions, in relation to innovative strategies. The main types of innovative strategies are considered: traditional, opportunistic, imitative, defensive, dependent, offensive. Strategies have been grouped by structural components, taking into account the possibility of forming development strategies within them. Attention is focused on the fact that increasing the level of development of Ukrainian agro-industrial complex enterprises is possible, in particular, as a result of the formation and implementation of certain strategies, one of which is the product-commodity strategy. The prerequisites for the implementation of such a strategy, the advantages that its implementation gives to business entities, as well as the stages of its formation are considered. The main ways of developing the innovative potential of domestic enterprises and the agro-industrial complex in particular are considered. The typical procedures by which the selection of a product and product strategy should be carried out on an innovative basis and a number of criteria that should be taken into account in such typical procedures are considered, these criteria, in turn, serve as indicators to justify the feasibility of developing and implementing such a strategy. A conclusion was made about the expediency of conducting deep theoretical and practical research on ensuring the effective functioning of enterprises of the agro-industrial complex of Ukraine and the formation of strategies for their development on an innovative basis in order to restore the country's economy in the post-war period.

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Published
2023-04-25
How to Cite
Breus, S., & Dudnyk, O. (2023). THE ROLE AND SIGNIFICANCE OF INNOVATIONS IN THE FORMATION OF STRATEGIES FOR THE DEVELOPMENT OF ENTERPRISES OF THE AGRO-INDUSTRIAL COMPLEX OF UKRAINE. Economy and Society, (50). https://doi.org/10.32782/2524-0072/2023-50-68
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ECONOMICS