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Digital Innovations in Agribusiness Industry in the Russian Federation

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Digital Technologies in the New Socio-Economic Reality (ISCDTE 2021)

Abstract

The use of innovations, including digital technologies, is the main condition to provide for promotion of competitiveness under conditions of global challenges and threats. Russian agribusiness industry demonstrates a steady growth in production volumes and dynamic digitalization. The author aims to determine the features, problems and prospects of digital farming based on the analysis of the current innovation and digitalization processes in the agribusiness of the Russian Federation. Due to the methods of theoretical and economics and statistics analysis, it was revealed that despite some positive trends, Russian agricultural industry is characterized by a low level of innovation activity and a limited distribution of digital technologies, since they are more widely implemented in large agricultural enterprises and holdings. At the same time, the socio-economic conditions during the COVID-19 pandemic have become a powerful incentive for all manufacturers to introduce elements of digitalization in food production and marketing processes. The analysis of the domestic and global experience on digital innovations allowed the author to identify promising areas that contribute to provide all commercial farm units in the agribusiness industry with digital technologies, stimulate digitalization processes and increase the efficiency and environmental friendliness of the agricultural sector of economy.

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Shchutskaya, A.V. (2022). Digital Innovations in Agribusiness Industry in the Russian Federation. In: Ashmarina, S.I., Mantulenko, V.V. (eds) Digital Technologies in the New Socio-Economic Reality. ISCDTE 2021. Lecture Notes in Networks and Systems, vol 304. Springer, Cham. https://doi.org/10.1007/978-3-030-83175-2_49

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  • DOI: https://doi.org/10.1007/978-3-030-83175-2_49

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