Capacity management of vertically integrated development of intersectoral co-operation
Alexander Mokrushin1, Viktoriya Prokhorova2, Viacheslav Aluyan3, Sofia Savvidi4
1Alexander Mokrushin, Department of Economics and Management, Adygea State University, Maykop, Russia.
2Viktoriya Prokhorova, Department of Industrial and Project Management, Kuban State Technological University, Krasnodar, Russia.
3Viacheslav Aluyan, Department of Economics and Finance, Kuban State Technological University, Krasnodar, Russia.
4Sofia Savvidi, Department of World Economy and Management, Kuban State University, Krasnodar, Russia.
Manuscript received on November 12, 2019. | Revised Manuscript received on November 25, 2019. | Manuscript published on 30 November, 2019. | PP: 6135-6139 | Volume-8 Issue-4, November 2019. | Retrieval Number: D8878118419/2019©BEIESP | DOI: 10.35940/ijrte.D8878.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: 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.
Keywords: Corporations, Intersectoral, Interaction, Transformation, Modernization.
Scope of the Article: Aggregation, Integration, and Transformation.