• Title/Summary/Keyword: Agribusiness

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Strategies for Korean Agribusiness Investment in China (대중국 소자본 농업투자 진출 방안에 관한 연구)

  • Bae, Sung-Eui
    • Journal of Agricultural Extension & Community Development
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    • v.18 no.2
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    • pp.315-333
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    • 2011
  • Korea and China have a similar agricultural background and they have an analogical culture and custom of food. In addition, they are located close. Thus, their agricultural sectors easily have effected each other. The purpose of this study is to review the history and situation of Chinese agribusiness, to analyze the status of Chinese investing policy which is varied after China joining in WTO, and to suggest the ways that Korean companies can successfully invest in the Chinese agribusiness sector. In addition, we explore the cases that foreign companies in Hongkong invest in the Chinese agribusiness sector. Korean companies must have a special knowledge about Chinese laws and custom of business. They also have to make a good partners who help their business. Second, before Korean companies investing in the Chinese agribusiness sector, they must carefully choice investing items. These items have to satisfy several conditions, accessing to international market as well as Chinese market and that politic assistance of Chines government is rendered. Third, when Korean companies invest in the Chinese agribusiness sector, the scale of invest would better not be large. In addition, Korean companies have to make a joint-venture company in China and build vertical integration.

Challenges and Opportunities for Agribusiness Development: Lesson from Indonesia

  • SOETRIONO, Soetriono;SOEJONO, Djoko;HANI, Evita Soliha;SUWANDARI, Anik;NARMADITYA, Bagus Shandy
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.791-800
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    • 2020
  • This study aims to determine the technical aspects of organic food systems in rice agribusiness and analyze the pattern of economic and institutional structures of agribusiness in East Java of Indonesia. Also, this study investigates the feasibility of farming and understands the strategies of rice agribusiness development. This study was conducted in several places in East Java of Indonesia, covering the district of Blitar, Kediri, Bondowoso, Tulungagung, and Malang. The data were collected through a structured questionnaire and focus group discussion. Furthermore, the data were analyzed using efficiency analysis, revenues analysis, and SWOT analysis. The findings indicated that, technically, the district of Bondowoso, Malang, Kediri, and Tulungagung had implemented the organic systems, while the district of Blitar applied under semi-organic systems. The pattern of economic institutions of agribusiness commodity consists of the production facility, farming, post-harvest and product processing, marketing, and support services institutional. These results showed that the organic rice farming is economically viable, and the government support was provided in the form of the establishment of development centers, the facilitation of agricultural machines, integrated crop management field school, and the organic certification. These findings suggest that several places in East Java have prospective opportunities for production of rice agribusiness development.

Innovative Agribusiness. Which strategy for a dynamic development?

  • Rangone, Adalberto
    • Agribusiness and Information Management
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    • v.11 no.2
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    • pp.5-15
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    • 2019
  • The world of smart agribusiness is still far from being fully and effectively applied by the Italian entrepreneurial fabric. In part, this is due to the fact that its potential and important connections with the technological world of reference are not fully known. The imperative is therefore: to learn how to manage all the processes that characterize the agricultural chain in a synergistic way, from production to the sale of the product to the final consumer. It is therefore essential to know every minimum aspect of the supply chain considering the current strengths on which to leverage but especially the weaknesses on which to intervene thanks to the use of technology available on the market. Today, the supply chain is still considered as a set of phases, one consecutive to the other, as if they were detached from each other. However, in order to operate efficiently, each step should be interconnected: from the farmer's decision to produce an agricultural good to the choice of production factors, from the implementation of harvesting and post-harvest operations to processing, from the selection of goods suitable for sale to the logic of distribution on the target territory. This work investigates the potential strategy using digital technologies in order to make dynamic the agribusiness supply chain, especially because in Italy the agri-food is one of the most important economic sectors but it is far from the most innovative trends available on the market.

A Study on the Status and Future Directions of IT Convergence Policy by the Ministry of Food, Agriculture, Forestry and Fisheries in Korea

  • Huang, Minghao;Park, Heun Dong;Moon, Junghoon;Choe, Young Chan
    • Agribusiness and Information Management
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    • v.4 no.2
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    • pp.22-31
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    • 2012
  • Research and technology has been transforming the agriculture to agribusiness which encompasses all operations with all the connections from faming per se, to manufacture & distribution of production supplies and farm commodities. Further, with the revolutionary development of information technology in the last two decades, we cannot talk about agribusiness process alone without considering the information technology embedded in the artifact, process, and structure. Despite the emergence of precision agriculture (PA) which is supported by IT based innovations which can not only improve efficiency in farming operations but also contribute to environmental sustainability, the adoption of IT among farmers and in agriculture industry are rather low than expected. Thus, Korean government has been seeking to converge IT into food, agriculture, forestry and fisheries to improve the competency of the agribusiness, and much progress has been made. This paper investigated the status quo of the current IT convergence with Food, Agriculture, Forestry and Fisheries in Korea, and further proposed future policy directions.

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Performance of Food Products Distribution During the COVID-19 Pandemic in Indonesia

  • TRIYONO, TRIYONO;AKHMADI, Heri;YULIANTO, Iqbal Muhammad;RIPTANTI, Erlyna Wida
    • Journal of Distribution Science
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    • v.20 no.10
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    • pp.67-77
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    • 2022
  • Purpose: This study aims to determine the online shop service performance of fresh food products distribution, consumer motivation, and their relationship during the COVID-19 pandemic. Research design, data, and methodology: A survey was conducted online using Google Forms on 100 consumers of TaniHub application users. Data in the form of scale were analyzed descriptively to explain the service performance and consumer motivation. The service performance consists of technical services and marketing services. Technical service indicators consist of payment, delivery, and products. Meanwhile, the marketing service indicator consists of promotions and prices. The consumer motivation is characterized by reference, actualization, and lifestyle. The relationship between the two was analyzed using Spearman's rank correlation. Results: The most consumers are millennial generation who were active in social media. They are employees with Bachelor's and Master's qualifications and included in the middle economic groups. TaniHub online shop had good technical and fair marketing performance. The motivation of online shop consumers of fresh food products through the TaniHub application was high. Conclusions: The findings discovered a significant relationship between online shop service performance and consumer motivation. It indicates the need for improvement in marketing services, especially promotions, to improve the performance of this e-agribusiness company.

Effect of Agricultural Exports and Imports on Economic Growth in Bangladesh: A Study on Agribusiness Supply Chain

  • HASAN, Mostofa Mahmud;HOSSAIN, BM Sajjad;SAYEM, Md. Abu;AFSAR, Mahnaz
    • Journal of Distribution Science
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    • v.20 no.11
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    • pp.79-88
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    • 2022
  • Purpose: The purpose of this study was to determine the effect of agricultural exports and imports on economic growth in Bangladesh and propose an upgraded and customized model of the supply chain for agribusiness growth in Bangladesh to achieve plain sailing and systematic operation and financial gains at home and abroad. Research design, data, and methodology: All data in the research have been collected from secondary sources. Gross domestic product was used as the dependent variable and exports and imports of agricultural products were used as independent variables. Pairwise Granger causality was utilized to see the impact of the variable responsible for the economic growth in Bangladesh and the causal relationship between the variables analyzed was measured using Johansen co-integration test. Results: From the empirical analysis, the researchers observed that agricultural commodity imports and exports have a unidirectional impact on economic growth in Bangladesh and a long-run causal link with economic growth in Bangladesh. The suggested supply chain model of agribusiness aids in achieving smooth operations, systematic management, and monetary gains both domestically and internationally. Conclusions: This paper contributes to the development of a more effective and profitable agribusiness supply chain in Bangladesh systematically through their theoretical and practical implications.

Identification of Performance Indicators for Poultry Agribusiness Operations

  • Pun, Kit Fai;Hosein, Anesa
    • International Journal of Quality Innovation
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    • v.8 no.3
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    • pp.11-22
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    • 2007
  • Nowadays, the competitiveness of any organisations rests dominantly on how they can manage their performance, A host of performance variables such as quality, reliability, and efficiency are recognised as competitive priorities. This paper reviews the criteria and dimensions of performance measures, and discusses six core performance indicators in agribusiness operations with particular reference to the poultry/broiler farms. Besides, a holistic "Quality, Reliability and Efficiency" view of performance is proposed when developing measures for poultry agribusiness operations.

Curriculum Development for Agribusiness Management Consulting Competency of Agricultural Educator (농업인교육자의 농기업경영컨설팅능력 개발을 위한 교육과정 개발)

  • Kang, Dae Koo
    • Journal of Agricultural Extension & Community Development
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    • v.19 no.4
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    • pp.905-959
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    • 2012
  • This study was aimed to find the agribusiness management consulting competency for agricultural educator, to find the teaching method and evaluation criteria for each competency group, and to recommend the subjects, contents of each subject, instruction method and evaluation criteria of each subject. Through the literature review, web searching of agricultural consulting company and 17 experts members' reviews as delphi methods, agribusiness management consulting competency for agricultural educator was found of 64 items in 90 items. After educability reviews, it was selected of 45 item in 64 items for necessary and educable competency. And it was selected to good teaching method and evaluation criteria in each competency groups. Finally, eight subjects, major contents of each subject, instructional method and evaluation criteria in each subject were recommended for agribusiness management competency, and some recommendations were presented.

Plant biotech research and development for agribusiness in Jeju

  • Song, Pill-Soon
    • Proceedings of the Korean Society of Plant Biotechnology Conference
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    • 2005.11a
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    • pp.84-87
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    • 2005
  • The citrus industry represents a major sector of agribusiness in Jeju successfully nurtured by the local governmental farm bureaus for the past three decades. However, in the face of increasing imports effected under the international free trade agreement, the continuous economic viability of the island’s citrus industry is no longer assured. Thus, it entails exploration and development of new agribusiness potentials that are supplemental and/or alternative to the citrus industry. In this presentation, I will discuss two projects of such potentials. (i) Under the tripartite collaboration among Kumho Life and Environmental Science Laboratory, Cheju National University and South Jeju County, genetically engineered turfgrass cultivars possessing both herbicide- and shade-tolerances (gene pyramiding) are currently at final phase of phenotype evaluations and environmental safety assessments. (ii) Fig fruits with longer shelf-life are being developed with support from Jeju HiTech Industrial Development Institute (HiDI) and at its initial phase of development.

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The Estimation and Change in the Number of Employed Persons Related to Agriculture in Agribusiness, 1995-2000-2005 (농업관련산업의 농업관련 취업자수의 추계 및 그 변화 1995-2000-2005)

  • Lee, Jong-Sang
    • Journal of Agricultural Extension & Community Development
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    • v.17 no.1
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    • pp.25-43
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    • 2010
  • The objectives of this study are to estimate the number of employed persons related to agriculture in agribusiness, to determine any factors affecting changes in employed persons, based on the Input-Output Tables in 1995, 2000, and 2005. The number of employed persons related to Crops in the input industry of agriculture was 184,076 in 1995, 186,616 in 2000, and 193,394 in 2005. The sectors with higher number of employed persons were in; Agriculture, forestry and fishing related services, Wholesale and retail trade, Fertilizers and agricultural chemicals, and Forest products, etc. The number of employed persons related to Animals in the input industry of agriculture was 46,6166 in 1995, 28,886 in 2000, and 35,714 in 2005. The sectors with higher number of employed persons were in; Wholesale and retail trade, Prepared livestock feeds, Agriculture, forestry and fishing related services, and Forest products, etc. The number of employed persons related to Crops in post-farm gate industries was 184,076 in 1995, 186,616 in 2000, and 193,394 in 2005. The sectors with higher number of employed persons were in; Accommodation and food services, Other food products, Wholesale and retail trade, and Polished grains, flour and milled cereals, etc. The number of employed persons related to Animals in the post-farm gate industries was 184,076 in 1995, 186,616 in 2000, and 193,394 in 2005. The sectors with higher number of employed persons were in; Meat and dairy products, Wholesale and retail trade, Accommodation and food services, and Land transport, etc. In 2005, the number of employed persons related to agriculture in agribusiness per 1,000 employed persons in agriculture was 211, in the input industries in agriculture it was 53, and in the post-farm gate industries it was 158.gribusiness.