The article reveals the dependence of the development of rural economy’s basis branch – the agricultural sector – on innovation. It shows the role of cattle breeding in providing the people with low-transportable dairy and meat products, peasant employment and rational use of natural forage grasslands. The authors examine the evaluation technique of innovation and investment project efficiency and reveal the effective implementation of such projects in cattle breeding in the peripheral northern rural region in the case of the Republic of Komi. There is a calculation of commercial efficiency indices of constructing 100 and 200 head dairies with the use of innovative technologies in different variants of state support. The article proves that it is necessary to strengthen the state support to farmers’ income and prolong the terms of concessional lending for the modernization of innovative cattle breeding
Keywords
innovation, cattle breeding, technique of effectiveness, innovation and investment projects, peripheral region, the republic of komi