JUSTIFICATION OF INVESTMENT AND INNOVATION DEVELOPMENT OF AGRICULTURE BASED ON THE DETERMINATION OF THE LIMITS OF TECHNOLOGICAL DEVELOPMENT

Innovative modernization of traditional agricultural practices is a fundamental component of the investment and innovation development of the sector. In this article, the innovative modernization of basic agricultural technologies over time periods and the expected effects of new technologies are examined. Based on this analysis, S-shaped logistic curves of the development of agricultural technologies for smart irrigation systems, automated and robotic harvesting, storage systems for crop products based on artificial intelligence, and digital twins in agriculture have been constructed. The stages of technological development, according to R. Foster's theory are correlated with Technology Readiness Levels (TRL). Using the constructed S-shaped logistic curves, the prospects for investment and innovation development in agriculture are justified, focusing on the identified technological gaps between basic and new technologies in the sector and the main advantages of implementing new technologies. In conclusion, the necessity of analyzing the evolution of agricultural technologies for effective management of identified technological gaps is emphasized.