Investment in Agricultural Research and Development: Catalysts for Economic Growth and Scientific Breakthroughs

Amid Ukraine’s post-2014 economic recovery and evolving integration with the European Union, agricultural research and development (R&D) has emerged as a strategic priority. This study investigates whether R&D investments have catalysed agricultural growth, export expansion and technological innovation from 2015 to 2023. Using trend analysis, correlation measures and innovation tracking, the research evaluates patterns in R&D funding sources, economic performance and innovation diffusion. Results reveal that agricultural R&D investments increased by over 80% during the study period, with private actors accounting for more than 60% of the total funding. Correspondingly, grain exports rose by 25%, which indicates a positive economic return on innovation spending. Additionally, key innovations like bio-fertilisers and precision irrigation technologies have led to measurable environmental and efficiency gains in pilot regions. Despite these outcomes, public underfunding and fragmented institutional support continue to hinder wider adoption. The findings highlight the need for enhanced public-private coordination and strategic investment to unlock the full transformative potential of agricultural R&D in Ukraine. This will ultimately guide the nation towards a sustainable future.

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Publication Details

Journal
Futurity Economics&Law
Published
2025-03-19
DOI
https://doi.org/10.57125/fel.2025.03.25.10
Primary Topic
Economic Growth and Productivity
Type
article
Field-Weighted Citation Impact
0.00
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article

Investment in Agricultural Research and Development: Catalysts for Economic Growth and Scientific Breakthroughs

Viktoriia Adamyk, Andrii Dub, Anatoliy Puzrakov, Ivan Panchyshyn
Futurity Economics&Law
Economic Growth and Productivity
article

Investment in Agricultural Research and Development: Catalysts for Economic Growth and Scientific Breakthroughs

Viktoriia Adamyk, Andrii Dub, Anatoliy Puzrakov, Ivan Panchyshyn
article en

Abstract

Amid Ukraine’s post-2014 economic recovery and evolving integration with the European Union, agricultural research and development (R&D) has emerged as a strategic priority. This study investigates whether R&D investments have catalysed agricultural growth, export expansion and technological innovation from 2015 to 2023. Using trend analysis, correlation measures and innovation tracking, the research evaluates patterns in R&D funding sources, economic performance and innovation diffusion. Results reveal that agricultural R&D investments increased by over 80% during the study period, with private actors accounting for more than 60% of the total funding. Correspondingly, grain exports rose by 25%, which indicates a positive economic return on innovation spending. Additionally, key innovations like bio-fertilisers and precision irrigation technologies have led to measurable environmental and efficiency gains in pilot regions. Despite these outcomes, public underfunding and fragmented institutional support continue to hinder wider adoption. The findings highlight the need for enhanced public-private coordination and strategic investment to unlock the full transformative potential of agricultural R&D in Ukraine. This will ultimately guide the nation towards a sustainable future.

Futurity Economics&LawVol. 5(1)
Lviv Polytechnic National University (UA)
Openalex Percentile: Top 77%
Economic Growth and Productivity
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Investment in Agricultural Research and Development: Catalysts for Economic Growth and Scientific Breakthroughs — Viktoriia Adamyk, Andrii Dub, et al. · Futurity Economics&Law (2025) | TGRS Research Map | TGRS