Economics and management of national economy

Business mechanism of innovation-driven development of the agricultural market infrastructure

Economic Annals-XXI

Economic Annals-ХХI: Volume 169, Issue 1-2, Pages: 57-61

Citation information:
Pavlenko, I., Shibaykin, V., Tverdova, I., & Marakova, A. (2018). Business mechanism of innovation-driven development of the agricultural market infrastructure. Economic Annals-XXI, 169(1-2), 57-61. doi: https://doi.org/10.21003/ea.V169-11

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Irina Pavlenko
PhD (Economics),
Associate Professor of the Department of Accounting,
Analysis and Audit,
Saratov State Vavilov Agrarian University;
Senior Researcher,
Povolzhsky Research Institute of Economics and Agricultural Sector in Saratov
24 Kommunisticheskaya Str., apt. 5, Engels, Saratov region, 413100, Russia
pavlenkoiv@bk.ru
ORCID ID: https://orcid.org/0000-0001-5025-8470

Vladimir Shibaykin
PhD (Economics),
Associate Professor of the Department of Economic Cybernetics,
Saratov State Vavilov Agrarian University 
27 Tarkhov Str., apt. 315, Saratov, 410035, Russia
vladimir-shibaykin@rambler.ru
ORCID ID: https://orcid.org/0000-0001-9992-0787

Irina Tverdova
PhD (Economics),
Associate Professor of the Department of Management and International Trade in Agrarian Sector,
Saratov State Vavilov Agrarian University
27 Tarkhov Str., apt. 315, Saratov, 410035, Russia
i.tverdova138@yandex.ru
ORCID ID: https://orcid.org/0000-0003-1756-9933

Anastasiya Marakova
PhD (Engeneering),
Associate Professor of the Department of Management and International Trade in Agrarian Sector,
Saratov State Vavilov Agrarian University 
56/1 Komarov Str., Pugachev, Saratov region, 413723, Russia
anastasya.marakova@yandex.ru
ORCID ID: https://orcid.org/0000-0002-8080-3123

Business mechanism of innovation-driven development of the agricultural market infrastructure

Abstract. The article presents a mechanism of innovation-driven development of the agricultural market infrastructure, consisting of 5 subsystems: innovation customers, innovation suppliers, innovation activity objects, innovation process support, innovation regulations. Regional public institutions promoting investment activity establish formal rules for ensuring innovative development. Research institutions as innovation suppliers create innovative products for their further introduction into objects of innovative activity (agricultural sector enterprises in our case). Approbation of innovations and commercialization of inventions takes place with the help of investors and consumers who establish informal norms. The generated mechanism provides a range of positive effects from creation and use of innovations by each participant of the innovative system, which can be commercial, budgetary, social or ecological one.

Keywords: Innovation-Driven Development; Agricultural Market; AIC; Infrastructure; Business Mechanism; Provision

JEL Сlassification: O13; O30; O38

DOI: https://doi.org/10.21003/ea.V169-11

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Received 3.03.2018

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