On some aspects of the financial mechanism for the development of innovation activities in the agro-industrial complex

Issue № 6, 2022, article № 1, pages 6-13

Section: Investment and innovation in agriculture

Language: Russian

Original language title: О НЕКОТОРЫХ АСПЕКТАХ ФИНАНСОВОГО МЕХАНИЗМА РАЗВИТИЯ ИННОВАЦИОННОЙ ДЕЯТЕЛЬНОСТИ В АПК

Keywords: INNOVATION, INNOVATIVE ACTIVITY, FINANCIAL MECHANISM, INVESTMENT, BOND, STATE SUPPORT, AGRO-INDUSTRIAL COMPLEX

Abstract: The article deals with certain issues of the financial mechanism for the implementation of innovative activities in the agro-industrial complex of Russia. There is a relatively low level of innovative activity of agricultural producers in crop production and animal husbandry, which is due to a lack of financial and investment resources for their implementation and development, as well as a significant lag in state support for innovations in agriculture in comparison with developed countries. The author's understanding of the financial mechanism of innovation development in the agro-industrial complex of Russia is presented. In order to activate innovative development, it is proposed to use the so-called "green bonds" to expand the financing of innovations, including in organic agriculture, on the one hand, and to stimulate investments of private agricultural business in research organizations through the endowment fund institute, on the other hand.

Authors: Kulov Aslan Rostislavovich