Proceedings of the International scientific and practical conference ―Science and Society in Times of War‖ (June 5-7, 2026) / Publisher website: www.naukainfo.com. – Kharkiv, Ukraine, 2026. - 417 p.

11 financial or innovative resources. Instead, its trajectory is mainly determined by the effectiveness of the interaction between these resources. The basis for increasing enterprise competitiveness, enhancing investment attractiveness, and successfully adapting to EU market requirements is the synchronization of innovation processes with financial support mechanisms. The proposed conceptual model is based on a systemic approach according to which the innovative development of food industry enterprises is the result of the combined influence of external and internal factors. It encompasses the interdependence between financial support, innovative activity, state support, and the requirements of European integration [3, p. 46]. To systematize the key elements of the proposed conceptual model, all four functional blocks (external environment, financial determinants, innovative determinants, and the performance block itself) are summarized in a generalizing table. This makes it possible to clearly compare the main components of each block with the expected outcomes of their implementation in the context of the European integration development of the food industry. It can be argued that the final result of the interaction between financial and innovative factors influenced by the external environment is the achievement of sustainable development in the food industry. In this context, each of the mentioned components plays its own specific role: the external environment creates the institutional framework, financial factors provide the resource base, and innovative factors directly stimulate technological modernization. The achievement of strategic goals, namely increasing competitiveness, expanding exports to the EU, enhancing investment attractiveness, and ensuring food security, is determined precisely by the synergy of these three components [5, p. 170]. For a deeper understanding of the interaction mechanism between innovative and financial determinants of food industry development, it is recommended to systematize them into functional blocks. This makes it possible to thoroughly characterize the key influencing factors, determine their role in ensuring