Participation of Emerging Commercial Farmers in the Strategic Private-Sector Investment Interventions

Private sector investment interventions serve as essential mechanisms for creating efficient, cost-effective financial solutions and technological support for emerging farmers in developing economies, yet their successful implementation is influenced by various contextual and socioeconomic factors. Using a quantitative research approach, this study examined the factors influencing participation in private sector investment interventions among 121 emerging commercial farmers in KwaZulu-Natal, South Africa, utilizing a Poisson regression model to analyze four key intervention areas: credit access, market access, technical support, and spot supply. The first-hurdle model revealed that age and training skills negatively influenced market access while the training period showed positive influence, and similarly, the second-hurdle equation demonstrated that employment status and training period positively influenced participation intensity levels, though age maintained its negative impact. The findings of the first-hurdle model reveal that age and training skills negatively influenced market participation. The study concludes that employment status and training period positively impacted technical support adoption, with household size and training period emerging as significant determinants of intervention success. The private sector needs to develop strategic partnership models that encourage emerging farmers to participate intensively in interventions that are designed to improve their production and productivity. There is a need for targeted capacity-building programmes and enhanced extension services to improve emerging commercial farmers' participation in private-sector initiatives.

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Publication Details

Journal
Agriculture
Published
2025-02-20
DOI
https://doi.org/10.3390/agriculture15050450
Citations
2
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
4.89
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article

Participation of Emerging Commercial Farmers in the Strategic Private-Sector Investment Interventions

Temitope O. Ojo, Simphiwe Innocentia Hlatshwayo, Mjabuliseni Simon Cloapas Ngidi, Sandile Jason. Mnikathi
2 citations
Agriculture
Innovation and Socioeconomic Development
4.89
article

Participation of Emerging Commercial Farmers in the Strategic Private-Sector Investment Interventions

Temitope O. Ojo, Simphiwe Innocentia Hlatshwayo, Mjabuliseni Simon Cloapas Ngidi, Sandile Jason. Mnikathi
article en
2 citations

Abstract

Private sector investment interventions serve as essential mechanisms for creating efficient, cost-effective financial solutions and technological support for emerging farmers in developing economies, yet their successful implementation is influenced by various contextual and socioeconomic factors. Using a quantitative research approach, this study examined the factors influencing participation in private sector investment interventions among 121 emerging commercial farmers in KwaZulu-Natal, South Africa, utilizing a Poisson regression model to analyze four key intervention areas: credit access, market access, technical support, and spot supply. The first-hurdle model revealed that age and training skills negatively influenced market access while the training period showed positive influence, and similarly, the second-hurdle equation demonstrated that employment status and training period positively influenced participation intensity levels, though age maintained its negative impact. The findings of the first-hurdle model reveal that age and training skills negatively influenced market participation. The study concludes that employment status and training period positively impacted technical support adoption, with household size and training period emerging as significant determinants of intervention success. The private sector needs to develop strategic partnership models that encourage emerging farmers to participate intensively in interventions that are designed to improve their production and productivity. There is a need for targeted capacity-building programmes and enhanced extension services to improve emerging commercial farmers' participation in private-sector initiatives.

AgricultureVol. 15(5)
Dalhousie University (CA), Obafemi Awolowo University (NG), University of KwaZulu-Natal (ZA)
Partnerships for the goals
Openalex Percentile: Top 7%
Innovation and Socioeconomic Development
4.89
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