Intensification of rural economy: the concept of technological renovatiojn
The intensification is considered as process of technological renovation which is expressed in periodic replacement of applied machines and the equipment by structurally new and more productive modifications, leading the applied technology to change. The period of technological turnover which means the period of complete replacement of all applied machines and equipment by more perfect ones is offered to be considered as the indicator of production intensity level. The coefficient of technological renovation indicating the portion of applied machines and equipment replaced by structurally new within the year can also be used.