Assessing the feasibility of using the cluster approach in the development of the wine industry in the region on the example of the city of Sevastopol
Abstract
Background. The relevance of research into the financial and economic effects of business clustering in viticulture and winemaking is driven by the objective need to develop this industry, with a corresponding increase in the presence of domestic products on the domestic market. Until now, neither domestic nor foreign scientific literature has not received sufficient attention to the topic of the economics of winemaking and the use of clusters in agriculture, especially in the part of small private enterprises. The problem of this research lies in determining the optimal for the specific conditions of the agricultural zone of Sevastopol organizational form of interaction and functioning of small wineries. The object of the study was a group of 5 small wineries in the city of Sevastopol.
The purpose of the study is to assess the feasibility of using the cluster approach in the development of the wine industry in the city of Sevastopol.
Materials and methods. The information base for this research consisted of legislative and regulatory acts, official statistical data, as well as materials characterizing international experience in this field. Consultative support in determining quantitative and qualitative indicators was provided by LLC “Agency of Viticulture and Enology Claire”. The research methodology is based on a combination of methods of system-activity analysis of economic entities.
Results. The research was conducted based on developed scenarios of the investment period and payback period of the vineyard, starting from its establishment over the following 10 years. The overall result of the study is the identification of opportunities for financial optimization of viticulture and winemaking enterprises through their cooperation in a production cluster with residents providing services such as agricultural equipment rental, teams of viticulturists, and a cooperative winery. Such association of small grape-growing and winemaking businesses can contribute to the reduction of capital and current expenditures and successful development of these enterprises.
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