Scientific Journal of KubSAU

The article substantiates the necessity of the intensifying institutional reforms in AIC of the Krasnodar region for the purpose of development the regional innovation environment. It is proved, that the efficiency of innovative activities is possible in the agrarian sector of the economy in effective state regulation of organizational and economic mechanisms of innovation processes, to generate adapted innovative infrastructure. The Institutional modernization supposes accretion of the relationships government and business against to the development of investment processes, improved management efficiency and its activities creation for innovation infrastructure in agriculture. The analysis conducted has shown that the favorable investment climate is achieved in the Krasnodar region by maintaining political stability and predictability, and also the implementation of a policy directed to the transformation of market relations, directed the creation and implementation of mechanisms import substitution and development of rural areas actively. The institutional environment should be considered as a basic component of innovative development of agrarian sector economy in the region. The institutional environment grouping of innovative development AIC subjects to the influence of socioeconomic, political, institutional, demographic, historical and geographical factors. The process of innovative development agrarian sector does not come short of potential opportunities the region. Inter alia the main factors impeding of the development innovations in the regional AIC can be identified: the high production and financial risks, the low demand for innovative products and services, the high cost of innovations, the lack of personnel able to develop innovative production technologies, the own sources of funding for the projects have not been found. To enable of innovation activity in the regional AIC on the basis institutional reforms it is necessary: to maximize the interaction between federal, regional and local levels of government; be focused on the selection strategic priorities of agrarian sphere innovative development in the region; to create a set conditions for the technical and technological modernization of the sector, allowing to generate and develop innovations in agriculture; to amend the state innovation policy in the agrarian sector alone the need of implementation mechanisms of import substitution, the rural development and the achievement of competitiveness agricultural production