Market restructuring of agribusiness in Russia as a trigger for rapid economic growth

Abstract In the period of political tension and instability of the international economic system, the agricultural sector of Russia continues to demonstrate progressive growth and is characterized by a favorable investment climate. In many respects, this circumstance in modern conditions is facilitated by scientific research and development of an innovative and technological nature, stimulating the accelerated development of domestic agriculture, due to which there is a favorable impact on the growth of the competitive component of the industry. Modern Russian agribusiness is one of the most intensive and highly promising points for the integration of digital innovations. For the steady growth of this sphere, it is essential to provide it with high-quality material, technical, infrastructural and innovative resources for its functioning. The studied sphere of economic activity of the country conservatively includes the primary function of ensuring national food security and independence, as a result of which the state actively attaches great importance due to the influence of a set of certain factors that make agriculture unstable and extremely vulnerable. The main goal of the digital modernization of agribusiness in Russia is to provide agricultural producers with state-of-the-art technologies, as well as to digitalize management, marketing and sales activities. The digital transformation of the agricultural sector should be carried out on a comprehensive, targeted and systematic basis based on target indicators and indicators, as well as be directed to core and secondary areas of the sphere. The integration of digital innovations into agribusiness in Russia will contribute to the active and breakthrough development of not only the agro-industrial complex, but also related industries.

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Publication Details

Journal
IOP Conference Series Earth and Environmental Science
Published
2024-10-01
DOI
https://doi.org/10.1088/1755-1315/1405/1/012005
Primary Topic
Economic Development and Digital Transformation
Type
article
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Market restructuring of agribusiness in Russia as a trigger for rapid economic growth

Oleg Moroz, D A Medvedsky
IOP Conference Series Earth and Environmental Science
Economic Development and Digital Transformation
article

Market restructuring of agribusiness in Russia as a trigger for rapid economic growth

Oleg Moroz, D A Medvedsky
article en

Abstract

Abstract In the period of political tension and instability of the international economic system, the agricultural sector of Russia continues to demonstrate progressive growth and is characterized by a favorable investment climate. In many respects, this circumstance in modern conditions is facilitated by scientific research and development of an innovative and technological nature, stimulating the accelerated development of domestic agriculture, due to which there is a favorable impact on the growth of the competitive component of the industry. Modern Russian agribusiness is one of the most intensive and highly promising points for the integration of digital innovations. For the steady growth of this sphere, it is essential to provide it with high-quality material, technical, infrastructural and innovative resources for its functioning. The studied sphere of economic activity of the country conservatively includes the primary function of ensuring national food security and independence, as a result of which the state actively attaches great importance due to the influence of a set of certain factors that make agriculture unstable and extremely vulnerable. The main goal of the digital modernization of agribusiness in Russia is to provide agricultural producers with state-of-the-art technologies, as well as to digitalize management, marketing and sales activities. The digital transformation of the agricultural sector should be carried out on a comprehensive, targeted and systematic basis based on target indicators and indicators, as well as be directed to core and secondary areas of the sphere. The integration of digital innovations into agribusiness in Russia will contribute to the active and breakthrough development of not only the agro-industrial complex, but also related industries.

IOP Conference Series Earth and Environmental ScienceVol. 1405(1)
Siberian University of Consumer Cooperatives (RU)
Zero hunger
Openalex Percentile: Top 53%
Economic Development and Digital Transformation
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Market restructuring of agribusiness in Russia as a trigger for rapid economic growth — Oleg Moroz, D A Medvedsky · IOP Conference Series Earth and Environmental Science (2024) | TGRS Research Map | TGRS