EXPERIENCE OF STATE SUPPORT FOR INVESTMENT-INNOVATIVE DEVELOPMENT OF THE FOOD INDUSTRY IN UKRAINE AND WORLDWIDE

Authors

  • Olena Bokiy

DOI:

https://doi.org/10.31073/foodresources2019-13-21

Keywords:

investment and innovation development, food system, state support, food industry, investment attractiveness

Abstract

The subject of the research:Investment-innovative process in the food industry of Ukraine, and measures of state support thereof. The purpose of the study is to identify the most effective state regulation measures for investment and innovation processes in the food industry of Ukraine, taking into account the world experience.  Methods applied: System generalization, structural-logical, statistical analysis, comparison, time series, graphical.  Novelty of research: Author purported to improve the components of the mechanism of sustainable investment-innovative development of the food industry of Ukraine, taking into account the experiences of developed countries, and allowing to determine the most promising of directions. Research results. Institutional support and approaches to financing of innovations, models of innovative decisions in the food industry of developed countries of the world were systematized.  Subject to investigation were the structure and dynamics of the State Budget expenditures for the support of the domestic agro-industrial complex, the influence of state strategies and programs on the development of food system. Improvements are suggested to the tools of sustainable investment and innovative development of the food industry of Ukraine, with due account for the experiences of EU countries and the USA.  It has been established that the experiences and results of state support for food industries in Ukraine and the world testify to the effectiveness of assistance to the poorest sections of the US population, the effectiveness of EU policy in the field of binding regulations and directives, accessible bank lending, etc. It is revealed that state budget support for the development of the agro-industrial complex should include not only support for agrarian industries, but also for the priority sections of the food processing industry, to ensure balanced investment and innovative development of all sections of the production and marketing chain.  It is advisable to increase budget allocations for scientific and technical development and applied research in the food industry, which will contribute to the modernization and innovative development of the food system. Scope of research results application. The target audience are economics specialists working in the field of food industry and macroeconomic research, researchers, lecturers, graduate students, and students of higher educational institutions.  The results of the study can be of use to experts and public authorities when looking for ways to improve the investment attractiveness of food enterprises and the country’s economy in general

Downloads

Download data is not yet available.

References

https://doi.org/10.31073/foodresources2019-13-21

Sychevskyi M., Kovalenko O. (2016) Chynnyky innovatsiinoi konkurento-spromozhnosti kharchovoi promyslovosti v umovakh hlobalizatsii [Factors of innovative competitiveness of the food industry in the context of globalization]. Ekonomika APK. № 11, 2016. P. 60-67 [in Ukrainian].

Kuts O. (2019). Udoskonalennia zakonodavchykh zasad derzhavnoi ahrarnoi polityky dlia rozvytku kharchovoi industrii [Improvement of the legislative framework of the state agrarian policy for the development of the food industry]. Prodovolchi resursy [Food resources]. 12. Pp. 248-267. URL https://doi.org/10.31073/foodresources2019-12-24 [in Ukrainian].

Yashchenko L. (2019). Innovatsiino-investytsiina model ekonomichnykh protsesiv u kharchovii promyslovosti [Innovation and investment model of economic processes in the food industry]. Prodovolchi resursy [Food resources]. 12. Pp. 277-285. URL: https://doi.org/10.31073/foodresources2019-12-26 [in Ukrainian].

Zhukenov B. Zarubezhnyiy opyit innovatsionnogo razvitiya agropromyishlennogo kompleksa [Foreign experience in the innovative development of agriculture]. URL: https://cyberleninka.ru/article/v/zarubezhnyy-opyt-innovatsionnogo-razvitiya-agropromyshlennogo-kompleksa [in Russian].

Kutsenko T. (2013). Zarubizhnyi dosvid stvorennia systemy finansuvannia innovatsii [Foreign experience in creating an innovation financing system]. Zovnishnia torhivlia: pravo, ekonomika, finansy [Foreign Trade: Law, Economy, Finance]. 2. Pp. 123-129. URL http://zt.knteu.kiev.ua/files/2013/2(67)/uazt_2013_2_20.pdf [in Ukrainian].

Chen Т., Lin G., Yabe M. (2017). Impact of outward FDI on firms' productivity over the food industry: evidence from China. China agricultural economic review. Vol. 11 No 4. Pp. 655671. doi: 10.1108/CAER-12-2017-0246 [in English].

Payet-Burin R., Kromann M., Pereira-Cardenal S., Strzepek, K. M., and Bauer-Gottwein P. (2019). WHAT-IF: an open-source decision support tool for water infrastructure investment planning within the water-energy-food-climate nexus. Hydrology and earth system sciences. Vol. 123 No.10. Pp. 4129-4152. doi:10.5194/hess-23-4129-2019 [in English].

Pro Tsili staloho rozvytku Ukrainy na period do 2030 roku [On the Sustainable Development Goals of Ukraine until 2030]: Presidential Decree No. 722/2019. URL http: https://www.president.gov.ua/documents/7222019-29825 [in Ukrainian].

Official site of the State Statistics Service of Ukraine. URL http: www.ukrstat.gov.ua [in Ukrainian].

Evropeyskie tehnologicheskie platformyi [European Technology Platforms]. URL https://www.kt.kharkov.ua/_ upload/file/-/etps.pdf [in Russian].

Kharchova promyslovist Ukrainy: stratehichni aspekty rozvytku : monohrafiia [Food industry of Ukraine: strategic aspects of development: monograph] (2016); za zah. red. akad. NAAS Ya.M. Hadzala Institute of Food Resources of NAAS. Kyiv : Ahrar. nauka. 380 p. [in Ukrainian].

Kyryliuk Ye. M. Ahrarnyi rynok v umovakh transformatsii ekonomichnykh system : monohrafiia [Agrarian market in conditions of transformation of economic systems: monograph]. Kyiv : KNEU, 2013. 571 p. [in Ukrainian].

Yak zhyvetsia fermeru v Yevropi? Pilhy, kredyty i novi rynky [How does a farmer live in Europe? Benefits, credits and new markets]. URL: https://www.ukrinform.ua/rubric-economy/2320798-ak-zivetsa-fermeru-v-evropi-pilgi-krediti-j-novi-rinki.html [in Ukrainian].

Pro Derzhavnyi biudzhet Ukrainy na 2017 rik. [About the State Budget of Ukraine for 2017]: Law of Ukraine. URL https://zakon.rada.gov.ua/laws/show/1801-19 [in Ukrainian].

Pro Derzhavnyi biudzhet Ukrainy na 2018 rik [About the State Budget of Ukraine for 2018]: Law of Ukraine, ed. 13.12.2018. URL https://zakon.rada.gov.ua/laws/show/2246-19.

Pro Derzhavnyi biudzhet Ukrainy na 2019 rik. [About the State Budget of Ukraine for 2019]: Law of Ukraine, ed. 23.03.2019 r. URL: https://zakon.rada.gov.ua/laws/show/2629-19 [in Ukrainian].

Pro zatverdzhennia Poriadku vykorystannia koshtiv, peredbachenykh u derzhavnomu biudzheti dlia finansovoi pidtrymky zakhodiv v ahropromyslovomu kompleksi shliakhom zdeshevlennia kredytiv [On Approving the Procedure of Using the Funds Provided in the State Budget for Financial Support of Measures in the Agro-Industrial Complex by Reducing Loans]. CMU resolution 29.042015. No 300. URL https://zakon.rada.gov.ua/laws/show/300-2015-%D0%BF [in Ukrainian].

Pro zatverdzhennia Poriadku vykorystannia koshtiv, peredbachenykh u derzhavnomu biudzheti dlia nadannia finansovoi pidtrymky rozvytku fermerskykh hospodarstv [On approval of the Procedure of using the funds provided in the state budget for providing financial support to the development of farms]. CMU resolution 7.02.2018. № 106 URL https://zakon.rada.gov.ua/laws/show/106-2018-%D0%BF [in Ukrainian].

Derzhavna pidtrymka silskoho hospodarstva: uriadovi prohramy 2018 [State support for agriculture: government programs 2018]. URL: http://dotacii.minagro.gov.ua/ua [in Ukrainian].

Pro zatverdzhennia Poriadku vykorystannia koshtiv, peredbachenykh u derzhavnomu biudzheti dlia pidtrymky tvarynnytstva, zberihannia ta pererobky silskohospodarskoi produktsii, akvakultury (rybnytstva) [On approval of the Procedure of using the funds provided in the state budget for support of animal husbandry, storage and processing of agricultural products, aquaculture (fisheries)]. CMU resolution 07.02.2018. № 107 URL https://zakon.rada.gov.ua/laws/show/107-2018-%D0%BF [in Ukrainian].

Pro skhvalennia Eksportnoi stratehii Ukrainy (“dorozhnoi karty” stratehichnoho rozvytku torhivli) na 2017-2021 roky [On approval of the Export Strategy of Ukraine (the “road map” of strategic trade development) for 2017-2021]. CMU Ordinance 27.12.2017. No 1017-r URL: https://zakon.rada.gov.ua/laws/show/1017-2017-%D1%80 [in Ukrainian].

Downloads

Published

2019-12-25

How to Cite

Bokiy, O. (2019). EXPERIENCE OF STATE SUPPORT FOR INVESTMENT-INNOVATIVE DEVELOPMENT OF THE FOOD INDUSTRY IN UKRAINE AND WORLDWIDE. FOOD RESOURCES, 7(13), 214–229. https://doi.org/10.31073/foodresources2019-13-21

Issue

Vol. 7 No. 13 (2019): Food Resources

Section

Економічні науки

License

Licensing and Copyright

The collection provides immediate open access, ensuring that the content is freely available to the global community, facilitating a broader exchange of knowledge in accordance with the principles of open science.

By submitting an article to the editors of the collection, authors confirm that the manuscript has not been submitted to other publications and grant the journal the right of first publication in accordance with the terms of the Copyright Transfer Agreement.

Copyright. Authors retain full copyright to their articles without restriction and simultaneously grant the journal a non-exclusive license for publication, distribution, and indexing.

Licensing. The collection publishes articles under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license.

https://creativecommons.org/licenses/by-nc-nd/4.0/deed.uk

This license permits:

  • copying and distributing the material in any medium or format;
  • use of the material for educational and research purposes.
  • Subject to the following conditions:
  • attribution of the author, source, and license link;
  • noncommercial use;
  • no distribution of modified material (no derivatives).

First Publication Rights. Authors grant the collection “Food Resources” first publication rights, these allowing the collection to distribute the scientific material with attribution of authorship and the original publication in the collection.

Self-Archiving. Authors may upload any version of their articles (preprint, postprint, or published version) to institutional, disciplinary, or personal repositories without embargo, provided they indicate that the article was published in the collection "Food Resources" and include the CC BY-NC-ND license.