Technical and technological renovation of the Ukrainian food industry: factors of investment and innovation development
Journal Title: Проблеми економіки - Year 2013, Vol 2013, Issue 4
Abstract
Under conditions of globalisation of the food market, expansion of zones of free trade and unification of standards and technical conditions, the Ukrainian food industry requires technical and technological re-equipment, which is possible only on the basis of investment and innovation development. The process of technical and technological renovation of the food industry enterprises should be directed at intensification of production as the means of increase of efficiency of production and increase of competitiveness. Shortage of investments results in fast ageing of the technical and technological base of food industry enterprises, which explains incompatibility of the level of domestic enterprises and, consequently, domestic products with European requirements.
Authors and Affiliations
Nataliya Kotkova
Keywords
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