Innovation as the strategy of development of agricultural business: evolution and modern representation

The content of an economic category «innovation» as it is presented by domestic and foreign economic scientists has been provided, which allowed carrying out of theoretical analysis of the content evolution of the concept «innovation» and distinguishing basic vector directions in the term investigation, which systematization has provided the possibility to review it in a new context and to add the generalized classification of innovations with an indicator «development strategy»; review of classification indicator with reference to agricultural business development has allowed to make a conclusion regarding expediency of implementation of innovative modernization, which is based on consolidation of the corporate capital in the real sector of branch economy.

: innovation, economic category, scientific and technical progress, evolution, recombination, innovative stream, complex innovation, development strategy, consolidation, innovative modernization