Performance management of agricultural entrepreneurship

Abstract

In the field of economics, the concept of “efficiency is traditionally interpreted as the ratio of the volume of products produced and the costs incurred for obtaining these products. This definition of efficiency is similar to the concept of profitability of production, although in practice in agriculture the concept of “efficiency” is a more complex category, since it requires the integration of many factors in order to obtain positive results in production. Agrarian entrepreneurs must effectively and efficiently use land resources as the main means of production. In the same row there are biological resources - agricultural plants, farm animals, poultry and other biological objects. In modern conditions, agricultural entrepreneurship cannot be carried out without new technology, equipment and other means of mechanization and intellectualization of agricultural activities. To obtain the results of effective management, scientific and technological support of entrepreneurship in the agricultural sector will be required. As can be seen from the above factors, the concept of “efficiency” in the agrarian economy includes in its definition a set of relations, the implementation of which is necessary for the functioning of production in market conditions.

Factors and Activities Considered by First Generation Agripreneurs for Agri-Business Sustainable Development: A Study of Haryana, India

“…'s definition in his work, "The function of fixed assets in boosting the efficiency of crop production" [13,15]. Efficiency is a measure of a system's (or organizations, department's, or person's) capacity to produce the desired outcome while making efficient use of available resources [16]. Technical and financial efficiency improve the effectiveness of agriculture [13,17].…”

“…Efficiency is a measure of a system's (or organizations, department's, or person's) capacity to produce the desired outcome while making efficient use of available resources [16]. Technical and financial efficiency improve the effectiveness of agriculture [13,17]. Agribusiness sustainable development can help reduce environmental damage, maintain and safeguard natural resources, and boost energy efficiency as well.…”