Investment determinant of the sustainability of innovative technologies of energy supply in the agro-food system of Ukraine

Abstract

The aim of the study is to develop a structural and logical model of the development of innovative sustainable technologies of energy supply and economic growth of the country’s agro-food system. The relevance of the work is due to the need for development of innovative models of energy supply in agro-food system taking into account the world vector on sustainability development. The article considers the investment determinant of the development of innovative sustainable technologies of energy supply in the agro-food system of Ukraine. The statistical method, methods of formalization and analysis were used during the research. The characteristic of the investment determinant with the focus on the transformation of the investment process in the development of sustainable innovative products, innovative business models and business startups of the energy supply in the fields of agro-food system is formalized. The innovative activity of the branches of the agro- food group of Ukraine, the volumes and structure of investing of their innovative technologies of sustainable energy supply are analyzed. The interdependence of the investment determinant of the development innovative technologies of energy supply and economic growth countries of the world by level of income and welfare of the population is proved. A model of investment business processes in the food processing industry with the need for investment resources for development of the innovative technologies of sustanable energy supply in the agro-food system of the country is proposed. The coordination and combination of efforts of business structures, public authorities, and local government processes have high effectiveness. Therefore, the problem of investment by the nature of the strategic direction of the innovative business model in the agro-food industry could be successfully solved.