УДК 631.1:330.322:330.131.7:502.131.1

DOI: https://doi.org/10.36887/2415-8453-2024-3-65

Lunkin Valerii,
Researcher of the Department of Economics, Management and Transfer of Innovations in Livestock Farming,
Livestock Farming Institute of National Academy of Agrarian Sciences of Ukraine,
https://orcid.org/0009-0002-4626-8558

JEL classification: Q14, Q56, O13, L26, M21


The article is dedicated to studying potential directions for attracting investment in the development of the resource potential of an agricultural enterprise. The aim of the research is to develop theoretical and methodological foundations and practical recommendations for forming and effectively using investment mechanisms to enhance the resource potential of agricultural enterprises. The examination of the resource potential of an agricultural enterprise is driven by numerous factors affecting its operation. Firstly, contemporary economic challenges, such as raw material price fluctuations and climate change, and demand quick adaptation of agricultural enterprises to new conditions. Secondly, the growing importance of environmental sustainability sets new requirements for the efficient use of natural resources, which is particularly relevant in the agricultural sector. The article reviews modern approaches to forming the resource potential of an agricultural enterprise and outlines its significance in ensuring stable development and enhancing competitiveness. The study presents an analysis of the key elements of resource potential, including land, labor, material and technical, financial, energy, informational, and innovative resources, as well as intellectual capital as a basis for shaping the enterprise’s innovative strategy. The study substantiates the importance of optimal use of these resources considering global economic changes, sustainability requirements, and the need to adapt to new challenges in the agricultural sector. Key directions for investment in various types of resources are critical to achieving sustainable growth. In particular, the need to invest in equipment modernization, optimization of land resource usage, implementation of energy-efficient technologies, human capital development, and employee skill enhancement is justified. The unique role of intellectual capital and innovative technologies as sources of competitive advantage and factors promoting the integration of modern management approaches is identified. The study of the resource potential of agricultural enterprises revealed that effective investment in each resource element creates opportunities for significant productivity gains, cost reduction, and long-term sustainability of enterprises. It was determined that competition in the agricultural product market requires improved resource efficiency and strategic management. The research demonstrated that ensuring stable enterprise development demands a comprehensive approach to resources, integration of innovations, and attracting additional investments for sustainable growth.

Keywords: resource potential, agricultural enterprise development, investment attraction, sustainable development, competitiveness.

Rеferences

  1. Humennyi, M. (2024). «Land and property resources of agricultural enterprises in the system of their resource potential. Energy saving». Power engineering. Energy audit. рр. 3-12. DOI: https://doi.org/10.20998/2313-8890.2024.01.01.
  2. Loos, J., Cortes-Capano, G., Walsh, C., Leventon, J., Riechers, M. (2024). «Enhancing the transformative potential of interventions for the sustainable use of natural resources». Biological Conservation. Vol. 296. https://doi.org/10.1016/j.biocon.2024.110691. https://www.openagrar.de/receive/openagrar_mods_00097522
  3. Us, Y., Lytovchenko, V. (2024). «Management of the Resource Potential of the Enterprise in Conditions of Uncertainty». Business Inform. Vol. 6. рр. 278-284. DOI: https://doi.org/10.32983/2222-4459-2024-6-278-284.
  4. Khalatur, S., Kravchenko, M., Masliaieva, O., Ilchenko, O., Shramko, I. (2024). «Influence parameters identification of resource potential components on food security». E3S Web of Conferences. № 538. DOI: https://doi.org/10.1051/e3sconf/202453803001.
  5. Krasnorutskyy, O., Marenych, T., Prusova, H. (2024). «Correlation of economic categories “enterprise potential”, “resource potential”, “production potential” and “economic potential”». Ukrainian Journal of Applied Economics and Technology. Vol. 9. DOI: https://doi.org/10.36887/2415-8453-2024-2-19.
  6. Kutsyna, L.V., Voronkova, A.A. (2020). «Investments as a factor of inclusive development of the agricultural sector of the economy». Inkliuzyvnyj rozvytok ekonomiky v umovakh hlobal’nykh vyklykiv s’ohodennia. [Investytsii iak chynnyk inkliuzyvnoho rozvytku ahrarnoi sfery ekonomiky]. Proceeding of the Materials of the Mizhnarodnoi naukovo-praktychnoi internet-konferentsii. KhNUMH im. O. M. Beketova. Kharkiv. Ukraine.
  7. Levandivs’kyj, O., Balaniuk, I., Matkovs’kyj, P., Matskiv, V. (2023). «Resource potential in investment provision of agricultural enterprises». The actual problems of regional economy development. № 1. рр. 192-201. DOI: https://doi.org/10.15330/apred.1.19.192-201.
  8. Mykhajlyk, O., Birak, Ye. (2023). «Investment and innovation activities of enterprises under martial law». Ekonomika ta suspil’stvo. № 58. DOI: https://doi.org/10.32782/2524-0072/2023-58-86.
  9. Ekolohichni investytsii: zahal’nyj trend, iakyj vzhe v Ukraini. CFA Society. Ukraina. [Environmental investments: a general trend that is already in Ukraine. CFA Society. Ukraine]. Available at: https://ua.cfaukraine.org/ekologichni-investytsiyi-globalnyj-trend-yakyj-vzhe-v-ukrayini/.

The article was received 20.08.2024


Quote article, APA style

Lunkin V. 20.08.2024. Potential directions for attracting investment in the development of the resource potential of an agricultural enterprise. West Ukrainian National University. 2024. №3. 362-366 pp. https://doi.org/10.36887/2415-8453-2024-3-65

Quote article, MLA style

Lunkin V. Potential directions for attracting investment in the development of the resource potential of an agricultural enterprise. West Ukrainian National University. 20.08.2024. https://doi.org/10.36887/2415-8453-2024-3-65