Agribusiness Innovation Development in the Conditions of the Globalization of the World Economy

Abstract

In this article examines the main aspects of innovation Agribusiness Ukraine and the need for further innovative development. The main provisions of the formation of an effective innovation environment and how the current economic reforms in agribusiness as the basis of its innovative development. The article explores the essence of the phenomenon of "globalization", positive features of influence and signs of modern globalization processes in the international economy. The current trends of globalization of the international economy are determined, the business environment of the subjects of agribusiness is assessed. The place of domestic agrarian business in the conditions of globalization is determined. The emphasis is placed on the fact that the Ukrainian agricultural sector with a production potential far exceeding the needs of the domestic market is a link that, on the one hand, can become the engine of the development of the national economy and its effective integration into the world economic space, and on the other hand growth the income of the rural population involved in the agrarian economy, accounting for more than one-third of the total population of the country, can give a multiplier effect in the development of other sectors of the national economy. Highlighted its main strengths and weaknesses. On the basis of the analysis, the risks and threats for the agrarian business of Ukraine in the conditions of globalization, determined both by internal and external factors, were identified. The strategy of development of agrarian enterprises of Ukraine in the conditions of globalization of the international economy has been explored and characterized.