Growth-oriented new agricultural ventures: the role of entrepreneurial resources and capabilities under convergence forces

Pindado, Emilio; Sánchez, Mercedes

doi:10.1093/erae/jby039

Cited by 19 publications

(18 citation statements)

References 149 publications

(202 reference statements)

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“…This may stem from the fact that the spouse, who is most likely a woman as most farms are run by men (85%), are more likely to start new ventures (Barbieri & Mahoney, 2009; Bock, 2004; McGehee & Kim, 2004; McGehee et al, 2007; Seuneke & Bock, 2015). Women often play an active role in initiating diversification activities (Barbieri & Mahoney, 2009; Bock, 2004), while men are mostly regarded as being growth‐oriented (Bakucs & Fertó, 2009; Cliff, 1998; Pindado & Sánchez, 2018; Weiss, 1999). Therefore, the involvement of both partners in the business may lead to a dual strategy.…”

Section: Resultsmentioning

confidence: 99%

“…He describes the role of women in agriculture as “fitting in and multitasking” (Bock, 2004). Regarding men, Pindado and Sánchez (2018) observed a significant influence on growth‐associated agri‐entrepreneurship. That is, men are found to generally put more value on growth activities than women are (Bakucs & Fertó, 2009; Cliff, 1998; Weiss, 1999).…”

Section: Conceptual Frameworkmentioning

confidence: 99%

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Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Graskemper

Feil

2021

Agribusiness

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Entrepreneurship in agriculture is a phenomenon that is growing in importance with the changing framework conditions for agricultural production and has led to heterogeneity in farm business development paths. To understand this phenomenon better, a classification scheme for strategic entrepreneurial choices in agriculture is developed for family farmers. The choices that are scrutinized are reduction, continuation, expansion, diversification, and the dual strategy of expansion and diversification. Each farmer is uniquely assigned to one of these choice classes according to their implemented entrepreneurial activities. Determinants influencing these choices are investigated with a multinomial logit model. The data are derived from a quantitative survey among German farmers (N = 745). Strong effects are observable within the area of personal factors; creativity and risk affinity benefit entrepreneurial strategies connected with diversification. Farmers with a third‐level education qualification are less likely to follow expansion strategies, and those with off‐farm employment and risk‐averse farmers mainly choose a reduction strategy. Family involvement, especially the farmer's spouse, proves to have stabilizing and even enhancing effects on certain strategies. Implications for policymakers and actors within the agricultural sector can thus be derived.

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Section: Resultsmentioning

confidence: 99%

Section: Conceptual Frameworkmentioning

confidence: 99%

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Graskemper

Feil

2021

Agribusiness

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“…However, empirically, there are mixed findings related to nascent entrepreneurship development and hunting opportunities in new markets. Only a few studies [39,40] contradict and report that although budding agriculture entrepreneurs contribute to growth, they fetch lower trade advantage.…”

Section: Introductionmentioning

confidence: 99%

Linking Entrepreneurial Skills and Opportunity Recognition with Improved Food Distribution in the Context of the CPEC: A Case of Pakistan

et al. 2019

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Far-reaching changes in the domestic and global markets are crafting big avenues for farmers and agribusiness entrepreneurs. This study examines the agriculture entrepreneurship and farmers’ performance in the context of the China-Pakistan Economic Corridor (CPEC). A survey was conducted to collect primary data from three agricultural zones adjacent to the under-construction CPEC in Pakistan. According to the results, market orientation, entrepreneurial orientation, innovation orientation, and opportunity recognition positively influence agriculture entrepreneurship thereby facilitating timely distribution of food commodities in ensuring food security. Our findings also indicate that uptake of entrepreneurship complements farmers’ marketing, operational and economic performance. These findings do imply that improving farmers’ entrepreneurial skills is the essential element for their improved performance in terms of locating potential markets and timely delivery of primary commodities, such as food items. It suggests that farmers might seek enormous economic opportunities arising from improved infrastructure, output linkages, connectivity and access to global markets through the CPEC. Based on the findings, the study provides implications for policymakers to channelize the potential endeavors for facilitating the farmers’ access to new markets and getting the foremost advantage of Belt and Road Initiative. The study also extends the existing literature on agriculture entrepreneurship-opportunity recognition and access to new markets in a befitting manner.

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“…Efforts towards mutual training and innovation play the role of improving the financial position of involved entities. This is supported by the study by Pindado & Sánchez (2018) who highlighted that firms operating in markets characterized by low competition achieve faster growth while those with limited resources seek strategic fits to get a competitive advantage.…”

Section: Strategic-fit Factors and Financial Performance Of Informal Micro Enterprisesmentioning

confidence: 82%

The Influence of Business Group Factors on the Financial Performance of Informal Micro Retail Enterprises in Nairobi

Wanjiku¹,

Chepkwony²

2021

IJSRP

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The study focused on the informal micro retail sector in Nairobi researching on the enterprises in the Smart Duka project run by a Non-Governmental Organization and investigating the use of group participation and its effect on the financial performance of these enterprises which are located in the informal settlements of Nairobi. Prior studies have focused more on areas outside the informal sectors of Nairobi and have had limited focus on the effect of group participation on financial performance of enterprises which the current study sought to address. The financial performance and business factors of the enterprises that joined groups (treated group) were compared to financial performance and business factors of the enterprises that did not join groups (control group) in the project. The research design used a triangulation approach using an experimental and explanatory designs to study causal links investigating if there is a link between variables. Primary and secondary data from the project was used to get quantitative data collected from the sample of 116 retail enterprises in groups randomly picked using probability sampling from the project and 116 retail enterprises not in groups. Based on the results of the study, the null hypothesis of financial performance of enterprises in business groups being less or equal to that of enterprises not in business groups was accepted due to the difference between the treated and control groups being statistically insignificant despite being higher and hence ways of making this difference significant should be addressed. The managerial factors had positive insignificant effects, strategic fit factors had positive significant effects while financial factors had negative insignificant effects on financial performance of the enterprises. The study offered novelty by focusing on the most marginalized of micro enterprises-those operating in informal settlements within Kenya's capital -Nairobi while considering the effect of group networks and magnitude effect of group factors on financial performance of micro enterprises.

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Growth-oriented new agricultural ventures: the role of entrepreneurial resources and capabilities under convergence forces

Cited by 19 publications

References 149 publications

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Linking Entrepreneurial Skills and Opportunity Recognition with Improved Food Distribution in the Context of the CPEC: A Case of Pakistan

The Influence of Business Group Factors on the Financial Performance of Informal Micro Retail Enterprises in Nairobi

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