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State of Technological Development of Crop Production by Rural Territorial Economic Systems

Author

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  • Usenko Lyudmila N.

    () (Rostov State Economic University)

Abstract

Low level of distribution of innovations and technological development in the Russian agriculture exerts a negative influence upon the basic branch of the economy of rural territories - crop production, which, by production factors, possesses the highest potential in the world. Moreover, Russia's joining WTO has an effect on the strategy of the branch development and disposes to another, innovative way of formation of the competitive agrarian sector of economy. The article uses retrospective analysis of main factors of production and many-sided indicators of financial and economic activity of agriculture in order to assess the state of technological development and innovation potential of the crop industry in Russia. The article draws conclusions about influence of these factors and indicators upon formation and development of the innovative basis of the agro-industrial complex of Russia and identifies potential of its further growth. The article also focuses on interdependence of groups of indicators that form the current picture of the study. The article reveals weaknesses and negative factors that interfere with establishment of the innovative agrarian sector of Russian economy.

Suggested Citation

  • Usenko Lyudmila N., 2014. "State of Technological Development of Crop Production by Rural Territorial Economic Systems," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 1, pages 137-142.
  • Handle: RePEc:idp:bizinf:y:2014:i:1:p:137_142
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