Development of Entrepreneurial Initiatives in Agricultural Business: A Methodological Approach
DOI:
https://doi.org/10.14207/ejsd.2021.v10n2p321Keywords:
agribusiness, factors, entrepreneurial initiative, cluster analysisAbstract
The purpose of the study is to improve the methodological approach to taking into account critical factors for the development of entrepreneurial initiatives in agribusiness. To achieve this goal, it is necessary to: identify factors influencing the development of entrepreneurial initiatives in agribusiness; perform classification and analysis of factors in order to identify those that are critical for the development of entrepreneurial initiatives in agribusiness; specify the stages of the methodological approach to taking into account critical factors for the development of entrepreneurial initiatives in agribusiness. It is argued that entropy in the agribusiness environment can be caused by the fact that when forming decisions related to the development of entrepreneurial initiatives, the relationship between critical factors and their nature is not taken into account. It is proved that critical for the development of entrepreneurial initiatives in agribusiness are factors that are related to each other both on the basis of similarity of structure and on the basis of similarity of values that characterize these factors. It is argued that entrepreneurial initiatives in agribusiness should be based on in-depth factor analysis, the results of which exclude fluctuations in the implementation of these initiatives and prevent entropy.
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