Open AccessCapacity Management of Vertically Integrated Development of Intersectoral Co-Operation
Author(s) -
Alexander A. Mokrushin,
В. В. Прохорова,
Viacheslav Aluyan,
Sofia M. Savvidi
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.d8878.118419
Subject(s) - business , vertical integration , industrial organization , agriculture , modernization theory , transformational leadership , agribusiness , production (economics) , economic system , horizontal integration , natural resource economics , economics , economic growth , geography , marketing , management , archaeology , macroeconomics
In the conditions of a prolonged financial and economic crisis, limited volumes and forms of state support for agricultural production, maintaining structural imbalance and inequality of intersectoral exchange, the development of vertical integration processes is a priority in improving the competitiveness of the Russian agro-industrial complex. Vertically integrated corporations (VIC) have the potential to ensure the proportional development of the areas of territorial agribusiness, innovative modernization of production assets of agricultural producers, agro-processing structures. The article reveals the transformational potential of vertically integrated corporations (VIC) in improving intersectoral interaction in the agri-food complex (AIC) of Russia. Specific features of the development of integration processes in the agricultural sector of modern Russia are disclosed. The corporate mechanisms for the creation and functioning of vertically integrated structures in the territorial agricultural sector are systematized. The functional content and potential of the VIC in the structural modernization of the agro-industrial complex of Russia, in the development of the inter-branch exchange management system in the agro-industrial complex are disclosed.