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.
integrated business structures, investment, innovative development, agricultural sector, competitiveness, production, capital
As a result of analysis of the latest researches in the sphere of the strategic management and in the context of research of evaluation of synergic effects of production-economic structures the definition of synergic effects concept in production-economic structures has been given, basic approaches of evaluation of synergic effects have been generalized, and also approach to the evaluation of synergic effects inside production-economic structures has been outlined.
Condition of enterprises in machine-building branch in 2004-2007, in particular amount of marketed industrial products, import and export of this products, financial results from usual activity before taxation of machine-building enterprises has been studied. Advantages and stages of the integration strategy for getting out of crisis of analyzed enterprises have been described. A list of machine building enterprises of the western areas of the Ukraine, which can be included into integrated association, has been offered.
machine-building, condition of enterprises, crisis, strategy, strategy of integration, integration association
Citations
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Bondarchuk, M. K., Paranchuk, S. V., Chervinska, O. S., & Vyshnytskyy, N. (2021). Potreba systemy rann'oho poperedzhennya i reahuvannya v antykryzovomu upravlinni biznes-struktur [The need for an early warning and response system in anti-crisis management of business structures]. In Scientific research of the XXI century: Vol. 1. Los Angeles: GS Publishing Service. DOI: https://doi.org/10.51587/9781-7364-13302-2021-001 [in Ukrainian]. {re2024.04.113.005}