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Formation Of Investment Ontological Provision Of Agricultural Enterprises In The Radioactive Contamination

Author

Listed:
  • Vitalina Kalenska

    (Zhytomyr National Agroecological University, Ukraine)

Abstract

The paper aims at clarifying the ontological system formation features of the investment support of agricultural enterprises on the radiation-contaminated area. The objects of the research are the agricultural enterprises on the radiation-contaminated area. The article highlights the concept of investment support of agricultural enterprises which revealed the main principles of the investment activity organization; equality of all investors; equal rights for all investors; investment security; noninterference of the subjects to the investment process in the investment activity, subject to compliance with applicable law; independence in the selection of criteria for investment activities; observation of the rights and interests of the investment process participants when they conduct investment activities. Methods. The study is based on scientific principles, means of scientific knowledge the use of which ensured the reliability of the results obtained and resolution of the goals and objectives. Findings. The author has identified the features of the investment attractiveness of the agricultural enterprises located on the radiation-contaminated areas of Ukraine that resulted in the finding that the agricultural enterprises in Ukraine subjected to radioactive contamination are particularly problematic in terms of the investment development, which include: Volyn, Zhytomyr, Kyiv, Rivne and Chernihiv regions. It is in these regions that the agribusinesses face considerable problems, since the investors, as usual, are afraid to invest due to numerous risks - not only environmental, but also economic and social. Practical significance. The investment support ontological system of the agricultural enterprises on the radiation-contaminated area is formed according to the following principles: clarity, consistency, scalability, least coding effect and least ontological commitments. It is also found that the ontology should be subject to a specific set of operations, which include: addition of new subjects, changing subjects, removal of the subject and search. Conditions of successful investment at the macrolevel are determined by the following factors: stability and predictability of the political system; condition of the national economy (inflation level, GDP growth rates, production of major products, budget deficits, etc.) and prospects for its development; level of development of the state regulation system of innovation and investment development of territories and sectors; tax policy of the state; level of socio-economic development of the country, people's living standards; level of investment risk and uncertainty in the environment. The macrolevel includes international and national levels of the ontology which are most favourable for investment support of the enterprises operating on the radiation-contaminated areas. Value/uniqueness. Having studied the investment support system ontology of the agricultural enterprises located on the radiation-contaminated area we made certain generalizations that lie in the fact that the investment attractiveness at the macrolevel is determined by a number of conditions created by a state for all economic entities, including foreign investors, to make a profitable investment in order to develop the national economy. The author selected the parameters of investment support system of the agricultural enterprises located on the radiation-contaminated area and suggested an ontology equation for the system of investment support of agricultural enterprises on the radiation-contaminated area.

Suggested Citation

  • Vitalina Kalenska, 2016. "Formation Of Investment Ontological Provision Of Agricultural Enterprises In The Radioactive Contamination," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 2(4).
  • Handle: RePEc:bal:journl:2256-0742:2016:2:4:6
    DOI: 10.30525/2256-0742/2016-2-4-41-47
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    More about this item

    Keywords

    investment support; investment attractiveness; ontology; radioactive contamination; agricultural enterprises;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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