Russian agricultural innovations prospects in the context of global challenges: Agriculture 4.0

Abstract

For the last 10-15 years, Russia has become the key player in the world agricultural market. Increasing export volume up to $45 billion by 2025 is the ambitious plan of the Russian Government. Windows of opportunity that create fundamentally new prospects for increasing competitiveness are opened mainly during the period of changing technological patterns, such as the current transition of the world's agriculture towards Agriculture 4.0 paradigm. This is crucial for further economic growth. Information for this article was prepared based on "desk research" methods and then all data and hypotheses obtained were tested by conducting detailed in-depth interviews with key industry decision makers. According to the results of research there has been a huge interest on the part of business to implement innovative solutions in agriculture. Yet significant institutional constraints, problems in the legislative and regulatory sectors, the absence of a system of transfer or commercialization of technology from research center to the final manufacturer are still present. At the same time, all the instruments of state support are currently configured only for conventional, as opposed to innovative agriculture.