FINANCIAL SECURITY AS A COMPONENT OF ENSURING INNOVATIVE DEVELOPMENT OF AGRICULTURAL PRODUCTION

Abstract

The article explores the implementation of innovative management practices in the agro-industrial sector to modernize production processes. The article discusses the challenges faced by the agro-industrial sector in meeting the increasing demand for food and the need to improve efficiency and sustainability. The article also discusses the importance of collaboration between various stakeholders, including government agen-cies, industry players, and researchers, to foster innovation and ensure the successful implementation of these practices. The authors conclude that the adoption of innovative management practices in the agro-industrial sector is essential for modernization, sus-tainability, and meeting the increasing demand for food, and call for more research and investment in this area. The article focuses on the importance of modernization in the agro-industrial sector and the innovative management practices required to achieve this goal. The authors argue that innovation is critical to the success of the agro-industrial sector and provide examples of innovative practices being implemented in various coun-tries. They also emphasize the importance of effective management practices in ensuring the successful implementation of these innovations. The article also discusses the role of management in ensuring the success of these innovative practices. The authors emphasize the importance of effective communication, collaboration, and leadership in implementing innovative practices and managing change.