Innovative Processes in Floriculture: Current Status, Problems and Prospects

Background/Objectives: The aim of the research is to substantiate the necessity of stimulating innovative processes as prospective means of overcoming negative trends and as a solution of economic problems in floriculture. Methods/Statistical Analysis: The research methods included comprehensive analysis procedures based on the abstract logical connection between the phases of the production cycle (scientific research and experimental development, introduction, production). Findings: The expediency of developing the innovative processes is defined by high production efficiency. The other way to restore floriculture production capability is to ensure close cooperation between the economic entities employed in the various economic areas of the sector. The results of the research lead to the conclusion that selection as an element of the innovation process in floriculture bears economic load and should contribute to the increase in the production efficiency of planting stock and cut flowers production where new flower crops cultivars are concerned. Application/Improvements: Results of this research would allow creating a complete cycle of the innovative process and help to overcome the crisis developments in the floriculture sector.