The influence of the external and internal environment on the development of entrepreneurial activity in the agricultural sector.
The article "The Impact of External and Internal Environments on the Development of Entrepreneurial Activity in the Agricultural Sector" explores the multifaceted factors shaping entrepreneurship in agriculture. The study examines how external conditions, such as economic trends, governmental policies, technological advancements, and environmental challenges, influence the operational landscape for agricultural businesses. It highlights the role of internal elements, including the entrepreneur’s personal attributes, resource availability, and organizational frameworks, in driving innovation and resilience within the sector. The research underscores the significance of economic variables like market volatility and funding opportunities, alongside the transformative potential of technologies such as precision farming and automation. It also addresses the growing importance of ecological considerations and socio-cultural shifts in shaping modern agricultural entrepreneurship. The interplay between these external dynamics and internal capabilities is analyzed to reveal how they collectively determine the success and adaptability of agribusiness ventures. The findings emphasize that thriving in today’s competitive agricultural environment requires strategic alignment of internal strengths with external opportunities. The article advocates for the adoption of innovative solutions, enhanced resource management, and supportive policy measures to foster sustainable growth in the sector.
Authors
- Andrii Tymchenko (ORCID: https://orcid.org/0000-0003-3894-136X)
Publication Details
- Journal
- Journal of management economics and technology
- Published
- 2025-01-01
- DOI
- https://doi.org/10.69803/3083-6034-2025-1-117
- Primary Topic
- Agriculture Market Analysis Ukraine
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- U.S. Department of Agriculture
- University of Pennsylvania
- Giannini Foundation of Agricultural Economics
- Division of Agriculture and Natural Resources, University of California