UDC 330.322:631:330.341.1; JEL Q14, O31, G32, L22
Bondarchuk, M. K., & Rybiak, V. V. (2025). Spil'ne investuvannya innovatsiynoho rozvytku intehrovanykh struktur ahrarnoho biznesu v Ukrayini [Joint investment in the innovative development of integrated agricultural business structures in Ukraine]. Rehional'na ekonomika - Regional Economy, 118 (4), 114-121. DOI: https://doi.org/10.36818/1562-0905-2025-4-11 [in Ukrainian].
Sources: 15

Authors



Bondarchuk (Kolisnyk) Mariya Kostyantynivna

Doctor of Economics, Professor

Professor of the Department of finance of the Institute of Economics and Management of the Lviv Polytechnic National University

Webpages:

Resume

This article presents a comprehensive study of the institutional foundations for establishing a mechanism for joint investment in the innovative development of integrated business structures in Ukraine’s agricultural sector under a transitional economy. It is demonstrated that, in the current context of growing global competition, financial instability, and limited domestic funding sources, the development of effective models for capital cooperation among various economic entities is of particular importance. It is substantiated that the institutional paradigm of joint investment is based on the principles of synergy, subsidiarity, cooperation, and diversification of investment risks, which ensures a multiplier effect from the use of financial resources. It is argued that the key advantages of joint investment include risk diversification, increased investment attractiveness of projects, accelerated implementation of innovations, and the generation of sustainable financial flows. At the same time, the main challenges associated with institutional barriers, insufficient coordination among participants in the investment process, limited human resources, and imperfect regulatory frameworks have been identified. It has been demonstrated that the development of cooperation between research institutions and agricultural enterprises contributes to the formation of an agro-innovation ecosystem that facilitates technology transfer, the concentration of intellectual capital, and increased agricultural productivity. Directions for improving the institutional mechanism of joint investment are proposed, including the development of public-private partnerships, improvement of the regulatory framework, enhanced coordination, and the integration of innovative financial instruments. The implementation of these measures will contribute to the formation of an effective model for the innovative development of Ukraine’s agricultural sector and to increasing its competitiveness in the context of European integration.

Keywords:

integrated business structures, investment, innovative development, agricultural sector, competitiveness, production, capital

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