A New Approach to Entrepreneurship Measurement of Agricultural Business Entities: A Case of Lithuania

This article suggests a new concept of entrepreneurship based on a modern approach about competition between agribusiness entities and according to the area of their commercial activity. The importance of entrepreneurship measurement is grounded and the correctness of the methodology is proven. Creating a model that covers all aspects of entrepreneurship measurement was determined as the aim of this article. This article presents a real, innovative methodology for measuring entrepreneurship in the agricultural sector based on the modification of TOPSIS method. The method chosen was recognized as the most appropriate for determining the level of entrepreneurship, which is expressed by quantitative parameters. Using the modification of multicriteria TOPSIS method for measuring entrepreneurship in agricultural entities, 12 specific criteria were selected. The model has been tested in the livestock farms of Lithuania to include entrepreneurship as a criterion in assessing the potential of these farms and their readiness to apply sustainable and environmentally friendly activities to organic farming. The applicability of the model has been directly confirmed. The use of the model makes it possible to rank agricultural businesses in a given region according to their degree of entrepreneurship.

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Commercial and Legal Regulation of Advisory Services in the Ukrainian Agrarian Business Prospect Reform

European Journal of Sustainable Development ◽

10.14207/ejsd.2020.v9n3p538 ◽

2020 ◽

Vol 9 (3) ◽

pp. 538

Author(s):

Inna Kovalchuk ◽

Olesia Melnyk ◽

Anna Pakhomova

Keyword(s):

Agricultural Sector ◽

Legal Regulation ◽

Legal Analysis ◽

Commercial Law ◽

Commercial Activity ◽

Advisory Services ◽

Consulting Services ◽

Agrarian Policy ◽

Fourth Level ◽

Agricultural Business

The article is devoted to theoretical and practical aspects of reforming the commercial and legal regulation of advisory services in the agrarian business of Ukraine. The characteristic of agricultural advisory activity model structure in Ukraine is given, which currently consists of several levels of subjects of such activity: the first level - national, nationwide; second level - regional; third level - local; fourth level - personal. Particular attention is given to the legal analysis of the essence of "advisory services in the agricultural business" as a type of commercial activity, and taking into account the provisions of the current legislation, it is proved that in its essence and legal nature - agribusiness advisory is an institution of commercial law. The article examines and characterizes a typical business agreement for the provision of advisory services in the agricultural sector of the Ukrainian economy, the essential conditions for this type of contracts are given, and their characteristics are defined. The advisory activity is seen as an effective instrument of state agrarian policy. Keywords: commercial and legal regulation, advisory service, advisory activity, agrarian business, advisor, expert consulting services, consulting

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The influence of cooperation on the development of the credit resources market for agricultural business entities

Collected Works of Uman National University of Horticulture ◽

10.31395/2415-8240-2020-97-2-263-275 ◽

2020 ◽

Vol 2 (97) ◽

pp. 263-275

Author(s):

Iu. O. Nesterchuk ◽

◽

R. P. Mudrak ◽

V. P. Bechko ◽

O. A. Nepochatenko

Keyword(s):

Agricultural Sector ◽

Qualitative Change ◽

Small Scale ◽

Agricultural Cooperatives ◽

Public And Private ◽

Access To Credit ◽

Cooperative Movement ◽

Credit Cooperatives ◽

Agricultural Business ◽

Business Entities

The article considers the problems of the influence of cooperation on the development of credit resources market for agricultural sector. The analysis of activity of agricultural goods producers of Cherkasy region on capacity of farmland, majority of which are small-scale, has been carried out. Due to limited access to credit resources on credit resources market in general and preferential lending, growth of tax burden in particular, small-scale agricultural companies are in a difficult financial situation, which makes it impossible for them to operate on the principles of self-financing and self-sufficiency. The solution to this problem is possible through the creation of production, service and credit cooperatives and on their basis – the Agrarian Bank. The basic principles of functioning of agricultural cooperatives have been studied. It has been determined that the development of credit cooperation in this sector of the economy is mainly through the prism of lending, while leveling other important functions that can contribute to the sustainable development of small-scale agrarian sector. The peculiarities of the development of agrarian cooperation in Ukraine have been revealed, and functioning of the information-consulting center for consulting farmers has been singled out in the structure of the rural cooperative. It has been found that cooperation is one of the key institutions that will improve the efficiency of agricultural economy. The development of the cooperative movement in Ukraine can be a driving force for qualitative change not only in the agricultural sector but also in the country as a whole. But this requires the combined efforts of villagers, NGOs and government officials. The relevant laws need to be updated, and the very idea of cooperation needs more coverage and discussion. According to the world experience in a market economy, cooperatives are a third force or alternative to public and private enterprise.

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Information management reducing the risks of agricultural business in organic farming

E3S Web of Conferences ◽

10.1051/e3sconf/202020803020 ◽

2020 ◽

Vol 208 ◽

pp. 03020

Author(s):

Svitlana Ivanova ◽

Sergii Kvitka ◽

Mykola Andrienko ◽

Oleksandr Dolhyi ◽

Andriy Dolhyi

Keyword(s):

Organic Farming ◽

Information Management ◽

Food Production ◽

Business Performance ◽

Agricultural Sector ◽

Management Plan ◽

General Management ◽

Management Schemes ◽

General Management Plan ◽

Agricultural Business

The issue of management of the specialized agricultural information with the purpose to reduce risks of agricultural activities in organic farming has been discussed in the article. The aim of the paper is to study the applied aspects of management in the agricultural sector in conditions of digitalization and to identify the peculiarities of information management in the sphere of organic farming organizing being a potential to reduce risks of business’ development and functioning in the agricultural sector. One of the main aspects in this direction is to change the role and methods of information management in the digital society in general, and in the sphere of organic food production in particular. Information and management schemes have been developed during the study that allow considering information in process interconnections. Such approach gives the opportunity to view the general management plan in conditions of digital transformation, and also makes it possible for maximum specialized detailing, which is aimed at the reduction of the number of managerial mistakes and increase of the business performance of the organic farming household.

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Features of innovative potential formation of agricultural business subjects in the system of their investment activity

Actual problems of innovative economy ◽

10.36887/2524-0455-2019-4-8 ◽

2019 ◽

pp. 44-50

Author(s):

Yurii Vitkovskyi

Keyword(s):

Agricultural Sector ◽

Main Task ◽

Investment Activity ◽

Agricultural Enterprises ◽

Innovation Potential ◽

Potential Development ◽

Potential Formation ◽

Innovative Potential ◽

Agricultural Business ◽

Business Entities

Introduction. In the process of introducing models of strategic management of innovation and investment potential of agricultural enterprises, it is necessary to analyze the influence of external factors and internal capabilities of the enterprise. This helps to identify the most favorable directions of innovative development of the agricultural entity. The purpose of scientific research is to develop theoretical aspects of the innovative potential for-mation of agricultural business entities in the system of their investment activity. Results. It is established that the use of qualitative and quantitative characteristics of innovative capabilities of agricultural sector subjects without defined criteria hinders the organizational and economic mechanism of choosing innovative investment models and strategies. It has been determined that the dy-namics of investment provision is a basic parameter of reproduction processes. The tasks of investments are highlighted, the fulfillment of which is provided by the reproductive function. The lack of innovative potential of the majority of domestic agricultural enterprises is revealed. It is established that the innova-tive potential of the enterprise characterizes its investment attractiveness. The expediency of considering innovative potential in the system of other types of enterprise potentials is substantiated. It is determined that the research of innovative potential should take into account possible investment cycles in the enter-prise activity. The main factors of investment potential development of economic entities are given. The investment environment is characterized as the volume and structure of mobilized and used potential or real investment funds from internal and external sources of formation. The main task of investment poten-tial accumulation in enterprises is determined. The criteria are characterized, on which the formation of investment potential will depend. The conditions are identified that contribute to the growth of innovation potential. The features of investments implementation into innovations are characterized. The main tasks of monitoring of innovative potential are defined. The state of the organizational component of investment potential at modern domestic agricultural enterprises has been analyzed. Conclusions. The innovative potential development of domestic enterprises of the agricultural sec-tor is the key to their successful activity. Managing the investment potential formation is a key task for the strategic development of agricultural entities. Keywords: economic potential, innovation potential, investment, agricultural enterprise, invest-ment attractiveness, investment cycle.

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Agrarian receipts as a tool for the structural transformation of financial and credit relations in the agrarian business of the region

Problems of Innovation and Investment Development ◽

10.33813/2224-1213.18.2019.5 ◽

2019 ◽

pp. 40-53

Author(s):

Yuliia Nehoda

Keyword(s):

Comparative Analysis ◽

Retrospective Analysis ◽

Structural Transformation ◽

Pilot Project ◽

Bank Lending ◽

Economic Benefits ◽

Advantages And Disadvantages ◽

New Instrument ◽

Agricultural Business ◽

Business Entities

The subject of the research – is a set of organizational-economic relations arising in the process of structural transformation of financial and credit relations in the agricultural business. The purpose of the article is a retrospective analysis of structural transformations of financial and credit relations in the agricultural business, evaluation of the effectiveness and feasibility of the introduction of agricultural receipts as a new instrument of lending to the agricultural business of the regions. Methodology of work – system-structural and comparative analyzes (to determine the effectiveness of the crediting mechanism according to the agricultural receipts of the farmers of the region); monographic (when studying the problems of the functioning of the mechanism of lending to agrarians by agrarian receipts) economic analysis (when carrying out a comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts); modeling and forecasting (when determining ways to overcome the existing deficiencies in the mechanism of lending to agrarian business entities of the region according to agrarian receipts). The results of the work – a retrospective analysis of the structural transformation of financial and credit relations in the agricultural business was carried out. The mechanism of crediting agrarians according to agrarian receipts and the scale of its distribution in the agrarian business of the region are considered. A comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts was carried out. In the framework of the pilot project “Agrarian receipts in Ukraine” of the international financial corporation (IFC) in partnership with the Swiss Confederation in Ukraine, the example of the Poltava region defined the effectiveness of the crediting mechanism according to the agrarian receipts of the agrarians of the region. The advantages and disadvantages of the mechanism of crediting the subjects of the agrarian business on agrarian receipts are noted. The ways to overcome the existing shortcomings of the mechanism of crediting the subjects of the agrarian business of the region according to agricultural receipts are determined. Conclusions – according to the results of the conducted research, the effectiveness of the mechanism of lending to the agricultural business of the regions according to agricultural receipts was proved, its advantages and disadvantages were noted, and attention was also focused. Proposed in Art. 7 of Law No. 5479-VI clearly delineate cases and restrictions on the debtor’s reimbursement of expenses incurred by the lender with the acquisition of the right to grow and harvest the pledged crop of agricultural products, which will ensure the principle of equality of parties on economic benefits and distribution of credit risks according to agricultural receipts.

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The Comparison between Cost and Benefit Business Model of Organic and Chemical Agricultural Vegetable Farming System

11th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES - Global Conference on Business and Social Sciences Proceeding ◽

10.35609/gcbssproceeding.2020.11(133) ◽

2020 ◽

Vol 11 (1) ◽

pp. 133-133

Author(s):

Peerasak Puengpapat

Keyword(s):

Production Process ◽

Organic Farming ◽

Business Model ◽

Return On Investment ◽

Agricultural Sector ◽

Organic Production ◽

Total Cost ◽

Cost And Benefit ◽

Net Profit ◽

Organic Vegetables

This research is intended to compare and demonstrate the difference between the cost and benefit of organic farming and chemistry. Compare differences in the quality of yields and minerals in the soil both before and after cultivation and modeling of agribusiness. Using Business Model Canvas for the decision of agricultural entrepreneurs who want to modify the farming process.The research found that in the experiment comparing between the costs of Organic farming and Chemical farming to produce three types of vegetables that are cucumber ,red oak salad and radish, with the total cost of growing vegetables in Organic farming, higher than the total cost of growing vegetables in Chemical farming. There is a greater frequency of fertilizing and injecting Organic matter than chemical farming. The net profit from the sale of vegetables in the Organic agricultural sector is higher than the net profit from the sale of vegetables in the Chemical agricultural sector, as the production price of Organic agricultural sector is higher than the production price of Chemical agricultural sector because the production process of organic farming has a higher production process and requires higher production attention to produce quality, and another factor is that Organic vegetables have a higher production cost than vegetables from chemical farming, resulting in less volume of organic production in the market than vegetables from Chemical agricultural sector. Consumers are demanding more healthy Organic vegetables. As a result, the price of vegetables that produced by Organic agricultural sector is higher than the price of vegetables that produced by Chemical agricultural sector, and the Return on Investment in Organic vegetables is higher than the vegetables that produced by Chemical agricultural .The Return on Investment in production of Organic farming is 61.48% and The Return on Investment in production of Chemical farming is 33.87%. It is therefore possible to conclude that growing vegetables in Organic way is safe for vegetable farmers who do not have to be exposed to any harmful Chemicals, as well as the resulting produce that is safe from residues, allowing consumers to be safe from toxin residues and receive good quality vegetables. Type of Paper: Empirical/Experimental Keywords: Agricultural; Organics; Cost ;Business Model ;Comparison.

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Calculating Value Added of Prostitution with Multiple Data: A New Approach for Belgium

Public Finance Review ◽

10.1177/1091142117734173 ◽

2017 ◽

Vol 47 (1) ◽

pp. 58-86 ◽

Cited By ~ 1

Author(s):

Stef Adriaenssens ◽

Jef Hendrickx

Keyword(s):

Sex Workers ◽

Relative Size ◽

Value Added ◽

Added Value ◽

Standard Errors ◽

New Approach ◽

Economic Output ◽

Multiple Data ◽

Innovative Methodology ◽

Starting Point

Economic output implies that underground sectors such as prostitution are taken into account. This article presents an innovative methodology to measure turnover and added value in prostitution based on a combination of observational and Internet data. The method is applied to Belgium. Turnover is broken down in transactions and price per segment. The starting point is an observation-based measure of turnover in one locational and visible segment of the market: window prostitution. Fundamental differences between segments make linear generalizations from one segment invalid. Therefore, we estimate the relative size of transactions in other segments (such as brothels or escort) with Internet data. In combination with measures of average price per transaction, a consolidated estimate of turnover in prostitution in Belgium is measured. Estimates of nonresident production are based on data on sex workers’ country of origin. Several bootstrap replications allow for robustness checks of the delta-based standard errors.

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PROSPECTS FOR APPLYING A NEW APPROACH TO INCREASING FARMERS ' ACCESS TO CREDIT RESOURCES (USING THE EXAMPLE OF AZERBAIJAN)

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA ◽

10.36871/ek.up.p.r.2021.08.02.001 ◽

2021 ◽

Vol 2 (8) ◽

pp. 4-12

Author(s):

А. А. DADASHOV ◽

Keyword(s):

Agricultural Sector ◽

Data Monitoring ◽

New Approach ◽

Information Base ◽

Access To Credit ◽

Current State ◽

Research Institutes ◽

Imple Mentation ◽

The World ◽

The Republic

The article analyzes the current situation with the access of farms to credit resources in the country and the world, a new approach to facilitating farmers ' access to credit resources is proposed. Surveys within the framework of the farm data monitoring system on the information base of the Center for Agrarian Research under the Ministry of Agriculture of the Republic of Azerbaijan revealed the current state of access of agricul-tural producers to financial and credit resources. The new approach addresses issues related to the imple-mentation of intermediary and guarantee functions by research institutes of the agricultural sector. The posi-tive influence of the latter on creditworthiness is shown due to the mediation between the bank and the farmer.

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