Article

Received 02.12.2024

Revised 03.03.2025

Accepted 27.03.2025

Retrieved from Vol. 29, No. 1, 2025

Pages 30 -44

Khrystenko, O., Potochylova, I., & Kertychak, V. (2025). Investment strategies for the development of agricultural formations in a crisis economy. Ukrainian Black Sea Region Agrarian Science, 29(1), 30-44. https://doi.org/10.56407/bs.agrarian/1.2025.30

Investment strategies for the development of agricultural formations in a crisis economy

Olha Khrystenko Iryna Potochylova Valentyn Kertychak

The purpose of this study was to determine the clustering of enterprises in the agricultural industrial sector as the most effective investment strategy for the development of agriculture in crisis economic conditions. This study is a systematic review of papers based on the search for development strategies for the agricultural sector in critical economic conditions and determining the most effective ones for strengthening the action of agricultural formations. According to the results of this study, the cluster investment strategy was identified as the most effective for the development of agricultural enterprises, but in contrast to this, a number of its negative consequences were established. The need to build an effective strategy for attracting additional investment processes was identified. The negative and positive aspects of investments in agriculture were examined which helped to establish the manifestation of possible risks and profits from the agricultural and industrial sector of activity. Using additional theoretical materials, in the course of this study, the cluster investment strategy was evaluated as one that is more resistant to crisis conditions. A separate issue was considered regarding the importance of attracting external investment resources since this type of investment proved to be more reliable in crisis financial and economic periods. In addition, in the course of this study, the negative consequences of the impact of crisis conditions on enterprises and organisations in various sectors of activity were identified and a number of recommendations were given for potential investors in agricultural and industrial activities. It is determined that the crisis financial and economic spectra represent a number of gaps that should be considered when choosing an effective strategic policy, which should be aimed at strengthening the competitiveness of agricultural enterprises and based on

cluster; competition; innovation; industrialisation; regression model; material-resource structure

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