INVESTIGATION OF INVESTMENT SOURCES FOR THE DEVELOPMENT OF RESOURCE POTENTIAL IN AGRICULTURAL ENTERPRISES
DOI:
https://doi.org/10.31891/mdes/2024-13-53Keywords:
resource potential, development of resource potential, agricultural enterprise, investment, investment attraction, investment sources, financial resourcesAbstract
This article is dedicated to the study of investment sources for the development of agricultural enterprises' resource potential. The aim of the research is to analyze, systematize, and summarize the existing theoretical and methodological support for the functioning of enterprises' resource potential and the attraction of investment sources for its development.
The article discusses the existing definitions of the concept of “resource potential” and proposes understanding the resource potential of an enterprise as the totality of material, financial, labor, innovative, and organizational resources available to the enterprise and capable of being effectively used to achieve strategic goals, ensure sustainable development, enhance competitiveness, and improve the efficiency of the enterprise’s production processes. The research revealed that the effective use of material, financial, labor, innovative, and land resources is key to achieving the enterprise's strategic goals, reducing costs, increasing productivity, and ensuring long-term competitiveness. It is substantiated that it is necessary to consider the resource potential not only as a set of material and financial resources but also as an integrated system that includes intangible assets such as intellectual capital, knowledge, experience, and strategic opportunities. It was determined that developing reserves and mobilizing resources, which allow the enterprise to maintain its stability and adaptability, are equally important.
The research showed that attracting investment is an essential tool for developing the resource potential of agricultural enterprises. It allows enterprises to ensure stable economic growth and increase their competitiveness in domestic and international markets. It was noted that investments, as a significant source of new resources, contribute to the modernization of production capacities and the introduction of innovations and technologies, which in turn enhances the efficiency of the enterprise and reduces costs. Attracting investment helps to expand the product range and improve its quality, which allows enterprises to maintain and strengthen their competitiveness. The study presents sources of investment for the development of various components of the resource potential of agricultural enterprises, including the possibilities of state programs, concessional loans, and private investments in land, equipment, human capital, and intellectual resources.