• Title/Summary/Keyword: business of agriculture

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The General Outlook of Peruvian Agriculture and Its Implications for Korean Agribusiness

  • Yun, Jae Woong;Sanchez, Carmen E. Velezmoro;Choe, Young Chan
    • Agribusiness and Information Management
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    • v.3 no.2
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    • pp.17-32
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    • 2011
  • Peru is South America's third largest country and enjoys an enormous amount of natural resources. However, However, very few business studies on Peruvian agriculture have been presented. The objectives of this study are to introduce the general status of Peruvian agriculture to Korean business circles and to promote agricultural business opportunities in Korea and Peru. Secondary data related to Peruvian agriculture are collected and analyzed to understand the current situation of Peruvian agriculture and to suggest an outlook for business opportunities. Findings show that Peru will be a lucrative market for Korean agri-business to target in the near future and it is time for a proactive advance in agriculture by Korean business.

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The Effect of Planned Behavior of University Student who Participates in Education for Starting Agricultural Business on Entrepreneurship and Will to Start the Business (창업농교육 참여대학생의 계획적행동이 기업가정신과 창업의지에 미치는 영향)

  • Lee, So-Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.1
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    • pp.145-155
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    • 2018
  • The matter of cultivating entrepreneurship and will to start a business of university students majoring in agriculture and life sciences and college students majoring in agriculture as a future leader in the sector is a very important object of study. However, the discussion on entrepreneurship, establishment of a business and venture based on creative technology and innovative management have been scarcely had, because traditionally the majority of agricultural business has been a small-sized and simple business run by a small farmer. Education for starting an agricultural business in agriculture industry has been ignored even in the developed countries. ICT and AI(artificial intelligence)-based smart agriculture in the 4th Industrial Revolution Age is emerging as a new growth potential of our agriculture industry. Thus, the interest in farmers to start a business and venture agriculture is growing in the agriculture industry. Accordingly, the study draws the influence factors regarding the effect of the planned behavior of the university students who take part in the education course for starting an agricultural business and an agricultural venture business on entrepreneurship and will to start the business and conducts the empirical analysis. The businessmen who newly join the agriculture industry should perform the technical innovation and the creative business activities to be able to compete in the agriculture industry.

Proposal of Eco-M Business Model : Specialty Store of Eco-friendly Agricultural Products Joined with Suburban Agriculture

  • Kim, Jong-Baek;Lee, Hyen-Ho;Yang, Hoe-Chang
    • The Journal of Asian Finance, Economics and Business
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    • v.1 no.4
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    • pp.15-21
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    • 2014
  • The main purpose of the research is to suggest a new business model of direct distribution of organic agricultural products cultivated in suburban area. To secure competitiveness, logistics cost reduction is important through direct transaction of organic agricultural products cultivated on suburban area. The research addresses food safety, farmers' income and unemployment issues with Eco-M business model. The research methods include investigation on the followings: current domestic agriculture; related problems on the existing literature reviews; the current status of suburban agriculture; specialty store of eco-friendly agricultural products. Eco-M business model can solve various problems of suburban agriculture supply system, challenges of organic farming specialty stores, unemployment issues, and difficulties of processing verticalization. Future research should include followings. First, there should be comparative analysis between businesses of environment-friendly specialty stores through suburban agriculture and producer's agriculture connected with organic farming market. Second, it is required to develop strategy of environment-friendly specialty stores. Finally, analysis of the potential of Sextic industries is necessary throughout production-process-service process.

Agri-Food Business Models Based on NFC

  • Lee, Sung Chul;Kim, Nam Jung;Park, Jae Eun;Yu, Seong Gu;Moon, Junghoon
    • Agribusiness and Information Management
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    • v.4 no.1
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    • pp.32-40
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    • 2012
  • In recent times, NFC technology adaptations for smartphones have been increasing. This study proposes the adaptation of agri-food business models based on NFC technology and presents the basic technological characteristics of NFC. An NFC tag can store more information than prior tagging technology methods, such as QR codes, and provides a better user experience. Based on the unique features of NFC, this study suggests an NFC business model application for the agri-food business.

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Analysis of Milk Consumption Behavior of College Students (대학생의 우유 소비행태분석)

  • Lee, S.Y.;Kim, J.S.;Shin, Y.K.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.22 no.1
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    • pp.87-98
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    • 2020
  • This study analyzed milk consumption behavior of college students. According to the results of the analysis, the respondents mainly purchase milk with a capacity of 900 to 1,000 ml at the hypermarket. However, it was found that convenience stores mainly purchase 200 ml capacity. According to the results of factor analysis on milk purchase factors, milk purchase factors were classified into nutritional and cosmetic attributes. Nutritional properties include nutritional ingredients, sterilization method, bio-origin, quality, HACCP labeling, milk fat ratio, etc., and external properties include brand, manufacturer, packaging/package design, and manufacturing date. In order to expand the milk consumption of the young generation, I think it is necessary to strengthen marketing strategies.

A Study on Types and Characteristics of Experience and Tourism Business Plan of Agriculture, Forestry and Fishery Sector for Basic Settlement Area Development Plan (기초생활권 발전계획 농림수산부문의 체험 및 관광사업 유형 및 특성에 관한 연구)

  • Lee, Kyung-Jin;Kim, Nam-Hyun
    • Journal of Agricultural Extension & Community Development
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    • v.18 no.4
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    • pp.825-860
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    • 2011
  • For the first time basic settlement area development plan was established in 2010, in order to promote cooperative coexisting development among regions, as time that regional competitiveness determines national competitiveness started. Basic settlement area development plan is composed of 7 sectors and 24 general subsidy projects. It was judged that experience and tourism business as the center is required to be analyzed, which may have effect on activation of farm village, fishing village and mountain village, and inflow of city people, in agriculture, forestry and fishery sector in order that added value of agriculture and fishery is increased, and tangible and intangible resources are applied, and pure agriculture, forestry and fishery is developed. And currently farm village, mountain village and fishing village of our country faces desperate crisis situation that they cannot help groping for substitutive to create new revenue model, and agriculture and fishery of primary industry has limit of increasing income of farmer and fisherman. Agriculture, forestry and fishery experience and tourism business was classified by types, and then standard of 12 categories and 48 sections was prepared, for searching method to supplement and develop it. Trend of experience and tourism business was understood, and problem was found, and then it may be used as indicator material to carry out creative and differentiated business plan establishment and business operation, and may be opportunity to reject overlapped business among regions, and to promote balanced regional development.

A Study on the Characteristics of Advanced Farm Managers - Focusing on the Achievement Contents of the Prize Winners of the Daesan Rural Culture Award - (선진 농업경영인 특성에 관한 연구 -대산농촌문화상 수상자들의 공적 내용을 중심으로-)

  • Lee, S.Y.;Joo, J.S.;Shin, Y.K.;Kim, J.S.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.21 no.2
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    • pp.87-101
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    • 2019
  • This study analyzed the executive characteristics of farmers in the achievement contents of prize winners who can be called advanced farmers. According to the analysis, advanced farmers were responsible for developing new agricultural technologies and extending into farmers in the 1990s to increase productivity. In the 2000s, individual farmers were organized to contribute to regional agricultural development by the advanced farmers. In the future, advanced farmers should play a role in the sustainable agriculture through the multi functional value oriented agriculture.

Assessing the Potential of Fusion and Convergence in Industrial Agricultures - Focusing on Main Production Areas of Upland Crops - (융복합 농산업화 모델 유형별 잠재가능성 분석 - 밭작물 주산단지를 중심으로 -)

  • Lee, Sang-Hyun;Kim, Yoon Hyung;Bae, Seung-Jong;Seo, Donguk;Oh, Yun-Gyeong
    • Journal of Korean Society of Rural Planning
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    • v.26 no.2
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    • pp.25-37
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    • 2020
  • The aim of this study is to assess the potential for fusion and convergence in industrial agriculture. First, we analyzed the types of industrial agriculture and applied the agri-business and ICT agriculture. After then, we analyzed the Project Potential Index (PPI) of the agri-business and ICT agriculture using the agricultural enterprise database provided from Rural Research Institute in Korea. The results revealed that Haenam have a high potential for agri-business project because of large number of farmers and annual sales. Wanju was considered as the suitable place for ICT agriculture project because of large area of greenhouse. This study was applied only 7 study area but the methodology suggested in this study could be widely used for assessing potential project various types of industrial agriculture.

Gaining Insight into IT Investment in the Agriculture Industry: Comparison of IT Portfolios by Type of Crops

  • Jiyeol Kim;Cheul Rhee;Junghoon Moon
    • Asia pacific journal of information systems
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    • v.27 no.4
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    • pp.233-244
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    • 2017
  • IT portfolio, meaning the ratio of investment with four different purposes of IT, is widely used for evaluating the adequacy of investment and its performance within firms. Despite of such a useful framework looking at investment on IT, IT portfolio in agriculture industry seems to be differentiated from other industries. In this study, we compared IT portfolios of farms: grain, field fruit and vegetable, greenhouse fruit, greenhouse vegetable, beef cattle and pig. We classified farms by their return on equity (ROE) in order to analyze the relationship between IT portfolio of each crop and performance. Then, we found patterns of IT portfolios of top-performance farms compared to all farms for each agricultural product. Lastly, peculiarities of each crop are interpreted and discussed to find out top-performance farms' IT investment patterns. From our study, it could be inferred that monotonous IT investments may not be as effective.

Development of Joint Sales Business by Regional Agricultural Cooperatives in a Major Apple Production Region of Korea - Focused on the Case of Muju County, North Jeolla Province - (한국 사과 주산지의 지역농협 연합판매사업의 전개 - 전라북도 무주군을 사례로 -)

  • Hwang, Sung-il;Sakashita, Akihiko
    • Korean Journal of Organic Agriculture
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    • v.30 no.3
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    • pp.313-333
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    • 2022
  • In Muju County, one of Korea's major apple producers, the regional agricultural cooperatives united together and invested to establish a cooperative joint business corporation in charge of the sales business. The corporation carried out the sales business transferred from the participating regional agricultural cooperatives. While the two participating cooperatives showed a marked difference in the degree of participation at the beginning of the business, the introduction of the agricultural product processing centers (APCs) and the participation of co-selection and shipment organizations and general farms helped settle this gap. In addition, commercialization through the APCs enhanced the market competitiveness of apples, which led to the stable securing of sales outlets. The corporation integrated the sales business in the county and this resulted in increased sales volume and sales revenue. Playing a leading role in introducing and cultivating new crops on a trial basis, the corporation demonstrated its potential as the main body of the joint sales business.