This document discusses entrepreneurship development and opportunities in agriculture. It defines an entrepreneur and lists their key characteristics, including being risk-taking, innovative, goal-oriented, and hard-working. It also identifies several entrepreneurial opportunities in agriculture, such as diversification, organic farming, food processing, floriculture, and production of agro-inputs. Developing entrepreneurial skills can help maximize these opportunities.
A shift from agriculture to agribusiness is an essential pathway to bring change or make revolution in Indian agriculture and to make more attractive and profitable venture. Agripreneurship has the potential to contribute to a range of social and economic development such as employment generation, poverty reduction and improvements in nutrition, health and overall food security in the national economy. Agripreneurship has got power to generate growth, diversifying income, providing widespread employment and entrepreneurial opportunities in rural areas.
REFERENCES :
1. http://www.businessmanagementideas.com/agripreneurship-2/agripreneurship-india-business/17511
2. http://www.ijsrp.org/research-paper-0314/ijsrp-p2770.pdf
3. https://www.thebetterindia.com/125044/5-agri-startups-farmers/
Agripreneurship could play a key role in the revamping Indian agro based sectors by giving special emphasis on the promotion of food processing sector
India is among the world’s major producers of food products and Food Processing Industry can be a key in boosting the economic growth of the country
It is in the top position in the production of cereals, livestock, milk, fruit and vegetables
Good investment opportunities exist in areas of food processing industries like fruit & vegetable processing, meat, fish & poultry processing, packaged, convenience food and drinks, milk products etc
A shift from agriculture to agribusiness is an essential pathway to bring change or make revolution in Indian agriculture and to make more attractive and profitable venture. Agripreneurship has the potential to contribute to a range of social and economic development such as employment generation, poverty reduction and improvements in nutrition, health and overall food security in the national economy. Agripreneurship has got power to generate growth, diversifying income, providing widespread employment and entrepreneurial opportunities in rural areas.
REFERENCES :
1. http://www.businessmanagementideas.com/agripreneurship-2/agripreneurship-india-business/17511
2. http://www.ijsrp.org/research-paper-0314/ijsrp-p2770.pdf
3. https://www.thebetterindia.com/125044/5-agri-startups-farmers/
Agripreneurship could play a key role in the revamping Indian agro based sectors by giving special emphasis on the promotion of food processing sector
India is among the world’s major producers of food products and Food Processing Industry can be a key in boosting the economic growth of the country
It is in the top position in the production of cereals, livestock, milk, fruit and vegetables
Good investment opportunities exist in areas of food processing industries like fruit & vegetable processing, meat, fish & poultry processing, packaged, convenience food and drinks, milk products etc
For undergraduate agricultural students of the course ‘Ag. Econ. 6.4 Farm Management, Production, and Resource Economics (2+1)’ of Junagadh Agricultural University, Gujarat and other State Agricultural Universities in India.
Developing entrepreneurship through processing and value additionAshish Murai
Entrepreneurship development is a vital for bringing out the transformation in our agriculture. Developing agricultural enterprises and making our farmers entrepreneurial is the need of the hour to make farming a sustainable livelihood option. Converting a farmer to an agripreneur is an attainable proposition since the qualities of entrepreneurs are not inherited. These characteristics can be developed through systematic awareness and motivational training of farmers for diversification and commercialization of agriculture and create viable enterprises.
Agribusiness is one of the most challenging businesses today. Agribusiness has held up a large share of business niche. The volume of agribusiness is flourishing day-by-day. The term agribusiness coined first in 1957 by Goldberg and Davis. Agribusiness is not mere a business rather it is an useful tool for ensuring food security throughout the world and all sorts of basic needs as most of the basic requirements are filled up directly or indirectly with agro products. In near future agribusiness will be the central metaphor of business system for not only in our country but also to the whole world.
We may not overlook that Bangladesh is an agrarian country and still we are vastly depended upon agriculture though service sector has been advanced a lot during last few decades. Agriculture plays a pivotal role in our national economy. According to Bangladesh Economic Review (2016), the broad agriculture sector accounts for 15.33% of the Gross Domestic Product (GDP) and 45.10% of the labor force in Bangladesh.
Problems and prospects of agri entrepreneurship in indiaSAMEER LAKHANI
To discuss the concept and importance of Agrientrepreneurship.
To discuss the potential areas and opportunities for Agrientrepreneurship.
To discuss the various forms of Agrientrepreneurship.
To discuss the problems of and future strategies for promoting Agrientrepreneurship.
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...Nikhil Kumar
IPM packages tested at several research centres vis-a-vis the farmers’ practices indicate superiority of the former. IPM practices enabled reduction in the number of chemical sprays. IPM system also resulted in increase of natural enemies by three-fold, reduced the insecticide and environmental pollution (Dhaliwal and Arora, 1996).
An integrated strategy for the management of major pests and diseases is possible by
I. breeding new varieties with built-in resistance,
II. evolving efficient methods of pest control through pest surveys and monitoring, and
III. biological control of pests with the help of conservation and augmentation of natural enemies like parasites, predators and insect pathogens.
The
Introduction to seed and seed technologyNSStudents
The Presentation is prepared by the N.S Institution of science, Markapur.
It consists of a basic introduction related to Introduction to seed and seed technology.
For undergraduate agricultural students of the course ‘Ag. Econ. 6.4 Farm Management, Production, and Resource Economics (2+1)’ of Junagadh Agricultural University, Gujarat and other State Agricultural Universities in India.
Developing entrepreneurship through processing and value additionAshish Murai
Entrepreneurship development is a vital for bringing out the transformation in our agriculture. Developing agricultural enterprises and making our farmers entrepreneurial is the need of the hour to make farming a sustainable livelihood option. Converting a farmer to an agripreneur is an attainable proposition since the qualities of entrepreneurs are not inherited. These characteristics can be developed through systematic awareness and motivational training of farmers for diversification and commercialization of agriculture and create viable enterprises.
Agribusiness is one of the most challenging businesses today. Agribusiness has held up a large share of business niche. The volume of agribusiness is flourishing day-by-day. The term agribusiness coined first in 1957 by Goldberg and Davis. Agribusiness is not mere a business rather it is an useful tool for ensuring food security throughout the world and all sorts of basic needs as most of the basic requirements are filled up directly or indirectly with agro products. In near future agribusiness will be the central metaphor of business system for not only in our country but also to the whole world.
We may not overlook that Bangladesh is an agrarian country and still we are vastly depended upon agriculture though service sector has been advanced a lot during last few decades. Agriculture plays a pivotal role in our national economy. According to Bangladesh Economic Review (2016), the broad agriculture sector accounts for 15.33% of the Gross Domestic Product (GDP) and 45.10% of the labor force in Bangladesh.
Problems and prospects of agri entrepreneurship in indiaSAMEER LAKHANI
To discuss the concept and importance of Agrientrepreneurship.
To discuss the potential areas and opportunities for Agrientrepreneurship.
To discuss the various forms of Agrientrepreneurship.
To discuss the problems of and future strategies for promoting Agrientrepreneurship.
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...Nikhil Kumar
IPM packages tested at several research centres vis-a-vis the farmers’ practices indicate superiority of the former. IPM practices enabled reduction in the number of chemical sprays. IPM system also resulted in increase of natural enemies by three-fold, reduced the insecticide and environmental pollution (Dhaliwal and Arora, 1996).
An integrated strategy for the management of major pests and diseases is possible by
I. breeding new varieties with built-in resistance,
II. evolving efficient methods of pest control through pest surveys and monitoring, and
III. biological control of pests with the help of conservation and augmentation of natural enemies like parasites, predators and insect pathogens.
The
Introduction to seed and seed technologyNSStudents
The Presentation is prepared by the N.S Institution of science, Markapur.
It consists of a basic introduction related to Introduction to seed and seed technology.
Concept of Entrepreneurship
Entrepreneurship is the ability and readiness to develop, organize and run a business
enterprise, along with any of its uncertainties in order to make a profit. The most prominent
example of entrepreneurship is the starting of new businesses.
What Is Entrepreneurship
In economics, entrepreneurship connected with land, labour, natural resources and capital
can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and
is an indispensable part of a nation’s capacity to succeed in an ever-changing and more
competitive global marketplace.
Meaning of Entrepreneur
The entrepreneur is defined as someone who has the ability and desire to establish,
administer and succeed in a startup venture along with risk entitled to it, to make profits. The
best example of entrepreneurship is the starting of a new business venture. The
entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas
in the market by replacing old with a new invention.
It can be classified into small or home business to multinational companies. In economics, the
profits that an entrepreneur makes is with a combination of land, natural resources, labour
and capital.
In a nutshell, anyone who has the will and determination to start a new company and deals
with all the risks that go with it can become an Entrepreneur.
What are the 4 Types of Entrepreneurship?
It is classified into the following types:
Small Business EntrepreneurshipThese businesses are a hairdresser, grocery store, travel agent, consultant, carpenter,
plumber, electrician, etc. These people run or own their own business and hire family
members or local employee. For them, the profit would be able to feed their family and not
making 100 million business or taking over an industry. They fund their business by taking
small business loans or loans from friends and family.
Scalable Startup EntrepreneurshipThis start-up entrepreneur starts a business knowing that their vision can change the world.
They attract investors who think and encourage people who think out of the box. The research
focuses on a scalable business and experimental models, so, they hire the best and the
brightest employees. They require more venture capital to fuel and back their project or
business.
Large Company EntrepreneurshipThese huge companies have defined life-cycle. Most of these companies grow and sustain by
offering new and innovative products that revolve around their main products. The change in
technology, customer preferences, new competition, etc., build pressure for large companies
to create an innovative product and sell it to the new set of customers in the new market. To
cope with the rapid technological changes, the existing organisations either buy innovation
enterprises or attempt to construct the product internally.
Soci
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2. EntrepreneurEntrepreneur
An entrepreneur is defined as “person in effective
control of commercial undertaking; one who
undertakes a business or an enterprise”.
Entrepreneur is an innovative person who
maximizes his profits by following new strategies or
venturing into new products or services.
Previous NextEnd
3. Entrepreneurship is the act of being an entrepreneur, who starts
any economic activity for being self-employed.
Entrepreneurship is the “process of the entrepreneur”. It is an
attempt to create value through recognition of business
opportunity. It is basically communicative and management
functions to mobilize financial and material resources.
The entrepreneurial activity is governed by varying combination of
socio-economic, psychological, cultural and other factors:
Caste/religion, Family background, Level of education, Level of
perception, Occupational background, Migratory character, Entry
into entrepreneurship, Nature of enterprise, Investment capacity
and Ambition/moderation.
Entrepreneurship
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4. Who is a Entrepreneur............Who is a Entrepreneur............
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5. 5
Entrepreneurial CharacteristicsEntrepreneurial Characteristics
Being an entrepreneur requires specific characteristics and
skills that are often achieved through education, hard work, and
planning.
Risk Taker
Businesses face risk. Entrepreneurs minimize risk through
research, planning, and skill development.
Perceptive
Entrepreneurs view problems as opportunities and challenges.
Curious
Entrepreneurs like to know how things work. They take the time
and initiative to pursue the unknown.
Entrepreneurship development
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6. 6
Imaginative
Entrepreneurs are creative. They imagine solutions to problems that
encourage them to create new products and generate ideas.
Persistent
True entrepreneurs face bureaucracy, make mistakes, receive
criticism, and deal with money, family, or stress problems. But they
still stick to their dreams of seeing the venture succeed.
Goal-setting
Entrepreneurs are motivated by the excitement of staring a new
business. Once achieved, they seek out new goals or ventures to
try.
Hardworking
Entrepreneurs need a great deal of energy to see a venture start
and succeed. Yet they are not deterred by the long hours to achieve
their goal.
Entrepreneurial CharacteristicsEntrepreneurial Characteristics
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7. 7
Self-confident
Entrepreneurs believe in themselves. Their self-confidence takes
care of any doubts they may have.
Flexible
Entrepreneurs must be flexible in order to adapt to changing
trends, markets, technologies, rules, and economic environments.
Independent
An entrepreneur’s desire for control and the ability to make
decisions often makes it difficult for them to work in a controlled
environment.
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Entrepreneurial CharacteristicsEntrepreneurial Characteristics
8. Increases national production
Balanced area development
Dispersal of economic power
Reinvestment of profit for the welfare of the area of profit
generation
Development is a function of motivation and human resource
Entrepreneurial awareness
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Need for entrepreneurship
Next
9. Entrepreneurial Opportunities in Agriculture:Entrepreneurial Opportunities in Agriculture:
Diversification:
Organic farming:
Food preservation, processing and packaging:
Production of agro-inputs
Floriculture
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10. Entrepreneurial Opportunities in AgricultureEntrepreneurial Opportunities in Agriculture
• Diversification
http://dfs.berkeley.edu/about-us/mission-goals/
Diversification in agriculture involve
shift in cropping pattern from
traditionally grown less remunerative
crops to more remunerative crops
like oilseeds, pulses, fodder crops,
horticulture, medicinal and aromatic
plants, floriculture etc. It also includes
livestock and fishery enterprises and
small scale agro-based industries.
Diversification increases the
employment opportunities, optimum
use of resources and profitability.
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11. Entrepreneurial Opportunities in Agriculture:Entrepreneurial Opportunities in Agriculture:
• Organic farming:
The importance of organic farming is growing very fast
particularly in international market. This sector provides great
business opportunities to agro-based entrepreneur. Area
under organic farming is increasing but unable to meet the
demand of organic produce.
http://www.organicagriculture.co/indian-scenario.php
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12. Entrepreneurial Opportunities in Agriculture:Entrepreneurial Opportunities in Agriculture:
• Food preservation, processing and packaging
Large proportion of agricultural produce is wastage due to improper
storage and warehousing, lack of transportation and food processing
facilities. There is a significant shift in consumer food preference
towards processed food products. Entrepreneurs can add value with
proper management and marketing initiatives. The processed food
market opens a great potential for entrepreneurs be it fast food,
packaged food or organic food.
food-preservation-can-jam-9-stone-fruits/
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13. floriculture is a very
lucrative sector. India's
share in world trade of
floriculture is just 0.18
per cent. This is a huge
market to be tapped
considering the rising
demand for fresh flowers.
• Floriculture
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Entrepreneurial Opportunities in Agriculture:Entrepreneurial Opportunities in Agriculture:
14. • Production of agro-inputs:Production of agro-inputs:
Farmers can start entrepreneurial activities in the production of
seed, organic fertilizers and pesticides.
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Entrepreneurial Opportunities in Agriculture:Entrepreneurial Opportunities in Agriculture:
15. Let Us Sum UpLet Us Sum Up
Entrepreneur is one who identifies and sensitizes the opportunities, innovate
the ideas, raises money, assembles inputs and set and mange the organization
The introduction of entrepreneurship in agriculture requires development of
certain qualities and skills like positive self concept, moderate risk taker,
planning, innovative, information and opportunity seeking, etc. in an
entrepreneur.
Important entrepreneurship development opportunities in agriculture are
diversification in agriculture, income from venture technologies, food
preservation, processing and value addition, production of agro-inputs. The
entrepreneurial qualities and skills can be developed through vocational
education programmes and training.
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Editor's Notes
13.3% in 2007;
ENTREPRENEURIAL CHARACTERISTICS
Risk Taker
Entrepreneurs often take on a high degree of risk and stress.
Many entrepreneurs face bankruptcy, that can leave them with not business and no personal assets.
Perceptive
The owner of Cott Corp. was perceptive, he saw the opportunity to offer a private-label beverage to the grocery industry.
Private label or private brand is a product that is manufactured by another company but is sold with a store’s brand name; also called a store brand or private brand.
Curious
Ray Kroc, a leader in the development of the modern franchise system, recognized the potential of the McDonalds brothers’ restaurant and its formula for producing good and inexpensive food and capitalized on it.
ENTREPRENEURIAL CHARACTERISTICS
Imaginative
The founder of Canadian Railway Newspaper Company (Cara Operations Ltd.), T.P. Phelan took his newspaper service to the next step by providing food service in many sectors.
Persistent
The story about The Little Engine That Could is a children’s storybook tale of persistence.
Goal-setting
Some entrepreneurs have local success and then take on new challenges by going international with their business.
Hardworking
J.M. Schneider worked days for a button factory and in the evenings and at night he worked to provide his own customers with sausages.
ENTREPRENEURIAL CHARACTERISTICS
Self-confident
Sir Richard Branson, the founder of Virgin Records, went out of his comfort zone and started Virgin Airlines.
Flexible
Video rental businesses demonstrated flexibility buy quickly adapting to the change from video format to DVD format.
Independent
Each venture is a reflection of the independent entrepreneur who started it.
See
