Subject. This article discusses the priority areas and directions of innovation development of the agrarian sector of the Russian economy. Objectives. The article aims to develop an organizational and economic mechanism of management of innovation development of the agrarian sector of economy. Methods. Fundamental and applied works of domestic and foreign scientists in the field of agribusiness economics, the Strategy of Innovation Development of the Russian Federation for the Period up to 2020, expert researches, special issue materials are the theoretical and methodological basis of the study. Results. The article presents a hierarchical model of identification of priority areas of innovation development of the agrarian sector of the Russian economy, targeted at the present-day production system. Conclusions. Innovation development of the agro-industrial complex will help ensure the food security and independence of Russia and fully realize the Russian agriculture export potential.
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