Leading role of innovations in rural development and agriculture

摘要

In the 21st century, with the efficiency of work and production gradually increasing, the traditional sectors of economy such as rural development and agriculture are no longer perceived as its main drivers. Nevertheless, even with growing labour efficiency, the leading role of innovations in rural development and agriculture and their impact on world economy is still unquestionable. Rural development and agriculture keep playing a strategic role in the economic development of any country. The increasing the supply of food by the agricultural sector is therefore very important for any country's economic growth. This paper focuses on the aspects describing the leading role of innovations in rural development and agricultural sector as well as their role for the development of the world economy. We provide several examples and case studies that highlight its importance and relevance. The paper scrutinized the role of agriculture in international trade and the state of agro-industrial sector in developed and developing countries. Moreover, we analyse the drivers of profitability and success of the agro-industrial sector and yield that rural development and agriculture still remain the important aspects of the world economy and global trade.