Innovations as a significant factor for enhancing the competitiveness of agribusiness companies

Authors

  • Svitlana Breus Doctor of Economic Sciences, Professor, Professor of the Department of Management and Logistics, European University, Private Higher Education Establishment "European University", Kyiv, Ukraine https://orcid.org/0000-0003-0624-0219
  • Serhii Khomych Postgraduate Student, Department of Economics, Finance and Accounting, European University, Private Higher Education Establishment "European University", Kyiv, Ukraine https://orcid.org/0009-0002-5452-0477

DOI:

https://doi.org/10.5281/zenodo.17859648

Keywords:

novelty, growth, technology, ecology, management, modernization, digitization, global market

Abstract

The article examines how innovative approaches in agribusiness reinforce companies’ resilience against external threats and boost investor appeal. The purpose lies in developing methods for streamlining production processes, evaluating technological adaptations, and clarifying the economic impact of managerial enhancements. Tasks involve improving efficiency and profitability through automation, logistics rationalization, eco-friendly practices, and workforce development.

Methods: Empirical observation, quantitative data gathering, comparative analysis of performance indicators, and interviews with top managers form the methodological core. Economic-mathematical modeling refines resource allocation in challenging regions. Analytical techniques gauge the level of digitization and systematize emerging know-how. International cases—including sensor-based cultivation, biogas facilities, and automated field monitoring—highlight global perspectives.

Results indicate reduced operating costs, lower waste rates, and steadily rising production volumes fueled by technological upgrades. Digitization speeds decision-making and fosters transparent collaboration, even amid wartime disruptions. Intelligent control mechanisms allow enterprises to surpass competitors in exports and foreign partnerships. Education and staff retraining are pivotal, as limited IT expertise hinders innovation scaling. Financing advanced agrotechnologies requires flexible leasing, grants, and public-private cooperation, or else long-term potential remains unrealized.

Conclusions: An integrated management approach is advised, whereby innovations serve as a comprehensive development driver. Future research will focus on reconciling digital progress with ecological norms and crafting rapid responses to military risks. Firms investing in automation and elevating staff competencies demonstrate the highest performance. Scientific synergy, organizational transformation, and external funding collectively build sustainable competitive advantages.

Published

2025-11-30

How to Cite

Breus, S., & Khomych, S. (2025). Innovations as a significant factor for enhancing the competitiveness of agribusiness companies. Achievements of the Economy: Prospects and Innovations, (24). https://doi.org/10.5281/zenodo.17859648