FINANCIAL SUPPORT AND DEVELOPMENT OF DIGITAL RURAL HUBS IN EUROPE
DOI:
https://doi.org/10.15544/mts.2020.06Keywords:
Digital rural hubs, agribusiness, rural businessAbstract
One of the greatest challenges for rural area development in Europe is a high-tech increase. Thereby, the research problem lays upon digital agrarian hub development and financial support. The paper aims to provide evidence on rural business development under high technology boost. The study is performed through the trends of agrarian hubs development in Europe, including digitalization, innovative development, and communication financial support. The results section represents findings to determine innovative financial support models, considering European funds and regional financial initiatives potential, to strengthen digitalization in rural areas. In particular, the synergetic effect within all-European and regional financial support and rural development strategies will boost agrarian hub development and rural productivity increase.