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Business models and key success drivers of agtech start-ups

Business models and key success drivers of agtech start-ups
Author: Lohento, Ken
Publisher: CTA
Total Pages: 100
Release: 2019-12-04
Genre: Technology & Engineering
ISBN: 929081666X

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This interpretative phenomenological research focuses on youth-led companies offering digital services to the agrofood sector in West Africa. Youth is considered as per the African Union definition: individuals aged between 15 and 35 years old. Our research questions were to understand the business models adopted by these start-ups; how their business models and business model innovation lead to business success; other key drivers that can support the achievement of success. With this study, we aim to contribute to the limited existing body of knowledge on this nascent but growing business field in West Africa. Though focused on West Africa, analyses go beyond and are of interest to any stakeholders interested in this subject in Africa in particular.


Overcoming challenges to digital agribusiness start-ups

Overcoming challenges to digital agribusiness start-ups
Author: Kropff, Wietske
Publisher: CTA
Total Pages: 8
Release: 2019-03-01
Genre: Business & Economics
ISBN:

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The recent CTA workshop on ‘catalysing actionable knowledge to enhance next-generation ACP agribusiness through digitalisation’ identified five intersecting drivers that explain what farmer-oriented agribusinesses expect to achieve by investing in digitalisation: reduced risk, raised productivity, increased efficiency, improved decisions, and enhanced market access. Participants argued that digital interventions all serve one or more of these, depending on specific local needs and situations. A critical factor underpinning what works in all these areas is the economic sustainability of the business models used to deliver value and services.


Pilot Digital Villages Initiative in Africa

Pilot Digital Villages Initiative in Africa
Author: Food and Agriculture Organization of the United Nations 
Publisher: Food & Agriculture Org.
Total Pages: 124
Release: 2023-06-26
Genre: Business & Economics
ISBN: 9251378886

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The Digital Villages Initiative (DVI) of the Food and Agriculture Organization of the United Nations (FAO) is a corporate programme aiming to combat hunger, poverty and inequality by fostering digital rural transformation. This is being carried out through the establishment of, or support to 1 000 smart rural villages supplied with the digital services needed for agrifood systems and rural transformation to achieve the Sustainable Development Goals (SDGs). The DVI supports the FAO Strategic Framework 2022–2031, which responds to key global challenges, including those engendered by COVID-19, “a global crisis, which highlighted the critical mandate of FAO to ensure functioning and sustainable agrifood systems that allow for sufficient production and consumption of food” (FAO, 2021). The programme is being implemented in various regions of the world, including Africa. In sub-Africa, it is led by the Regional Office for Africa (RAF) of FAO and is being deployed on a pilot basis in a few countries. Lessons learned will be shared while opportunities for scaling up/replication in other countries will be explored. A call for expressions of interest was made to identify which countries were interested in participating in the initiative. Seven countries responded positively and have been preselected to be part of the initial pilot: Ghana, Kenya, Malawi, Niger, Nigeria, Senegal and Somalia.


HBR's 10 Must Reads on Entrepreneurship and Startups (featuring Bonus Article “Why the Lean Startup Changes Everything” by Steve Blank)

HBR's 10 Must Reads on Entrepreneurship and Startups (featuring Bonus Article “Why the Lean Startup Changes Everything” by Steve Blank)
Author: Harvard Business Review
Publisher: Harvard Business Press
Total Pages: 160
Release: 2018-01-23
Genre: Business & Economics
ISBN: 1633694399

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The best entrepreneurs balance brilliant business ideas with a rigorous commitment to serving their customers' needs. If you read nothing else on entrepreneurship and startups, read these 10 articles by experts in the field. We've combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you build your company for enduring success. Leading experts and practitioners such as Clayton Christensen, Marc Andreessen, and Reid Hoffman provide the insights and advice that will inspire you to: Understand what makes entrepreneurial leaders tick Know what matters in a great business plan Adopt lean startup practices such as business model experimentation Be prepared for the race for scale in Silicon Valley Better understand the world of venture capital--and know what you'll get along with VC funding Take an alternative approach to entrepreneurship: buy an existing business and run it as CEO This collection of articles includes "Hiring an Entrepreneurial Leader," by Timothy Butler; "How to Write a Great Business Plan," by William A. Sahlman; "Why the Lean Start-Up Changes Everything," by Steve Blank; "The President of SRI Ventures on Bringing Siri to Life," by Norman Winarsky; "In Search of the Next Big Thing," an interview with Marc Andreessen by Adi Ignatius; "Six Myths About Venture Capitalists," by Diane Mulcahy; "Chobani's Founder on Growing a Start-Up Without Outside Investors," by Hamdi Ulukaya; "Network Effects Aren’t Enough," by Andrei Hagiu and Simon Rothman; "Blitzscaling," an interview with Reid Hoffman by Tim Sullivan; "Buying Your Way into Entrepreneurship," by Richard S. Ruback and Royce Yudkoff; and "The Founder's Dilemma," by Noam Wasserman.


An ICT agripreneurship guide

An ICT agripreneurship guide
Author: CTA
Publisher: CTA
Total Pages: 72
Release: 2017-08-01
Genre: Business & Economics
ISBN: 9290816139

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This Handbook provides a step-by-step roadmap designed to equip aspiring ICT entrepreneurs, with the information and knowledge they need to start an ICT-based business in the agricultural sector, outlining key opportunities and challenges that will be encountered along the way. Using real-life examples, it provides strategies and pathways for averting common mistakes faced by early-stage entrepreneurs. Topics covered include agricultural value chains and their stakeholders, ICT business challenges, effective business plans and models for designing, funding and scaling ventures.


Driving Factors for Venture Creation and Success in Agricultural Entrepreneurship

Driving Factors for Venture Creation and Success in Agricultural Entrepreneurship
Author: Mohd Yasir Arafat
Publisher: Business Science Reference
Total Pages: 315
Release: 2021
Genre: Agricultural industries
ISBN: 9781668423509

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"This book highlights the contextual dimensions of the agribusiness industry through which entrepreneurship researchers would be able to enhance their understanding of entrepreneurship by focusing on the following research question: "Why do individuals, farmers, agrarian, start a new business in the agricultural sector and how do they manage entrepreneurial performance, and what impact it has on the economy?""--


Driving Factors for Venture Creation and Success in Agricultural Entrepreneurship

Driving Factors for Venture Creation and Success in Agricultural Entrepreneurship
Author: Arafat, Mohd Yasir
Publisher: IGI Global
Total Pages: 356
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1668423510

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The literature on entrepreneurship research has generally ignored the agricultural sector. Few entrepreneurship scholars who are mostly agricultural economists and rural sociologists have contributed in parallel with an isolated body of work without much integration and a larger research agenda. Most of the work in agriculture entrepreneurship focuses on the traditional operations of the sector but lacks the theoretical framework required for a broader conceptual understanding of entrepreneurship in the agriculture sector. There is not much alliance between these two parallel research streams. Theoretical and methodological differences have constrained the interdisciplinary collaboration. Driving Factors for Venture Creation and Success in Agricultural Entrepreneurship assesses the main themes of agripreneurship, discusses important contextual aspects of the agriculture sector to enhance the understanding of entrepreneurship, and highlights how the key contextual dimensions of the agricultural sector can elucidate some of the less understood aspects of entrepreneurship theory and practice. Covering topics such as agribusiness and farm entrepreneurship, it is ideal for entrepreneurs, agriculturalists, professionals, researchers, students, academicians, and policymakers working in the field of entrepreneurship in various disciplines: management, education, agriculture education, sociology, economics, psychology, and technology.


Entrepreneurship for Rural Start-ups

Entrepreneurship for Rural Start-ups
Author: Gloria Jiménez-Marín
Publisher: Routledge
Total Pages: 87
Release: 2021-03-09
Genre: Business & Economics
ISBN: 1000369293

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Entrepreneurs who start out with no network, no money, no market and scarce resources find a big contrast between what they read in books and the success stories from the Valley and their reality, specially first-timers. Most entrepreneurial books focus on the Business Canvas Model, simplifying the process of building a start-up. Many entrepreneurs who have no previous business experience embrace quick and lean methods without the foundations needed to build solid value proposals. This book stands out because it deals with entrepreneurship in environments far removed from large cities with fewer infrastructures, connections and resources but which also need companies that provide services to citizens and society. This book focuses on the basics, treating each part of the business canvas as a discipline itself that must be mastered. The book illustrates key lessons learned and offers guidance on essential topics for new venture success in mainstream markets. It expands critical lessons learned and points of guidance across several key topics for new venture creation. Noteworthy is the role of context, financial understanding, building business development skills and start-up communications. Entrepreneurship for Rural Start-ups will be of interest to students, academics and researchers in the field of entrepreneurship, and will be of use to individuals looking to start a local business to take advantage of the rural environment and the possibilities it offers.


Open Business Models

Open Business Models
Author: Henry William Chesbrough
Publisher: Harvard Business Press
Total Pages: 250
Release: 2006
Genre: Business & Economics
ISBN: 1422104273

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Provides a diagnostic tool for readers to assess their business model and usher it through a six-stage continuum toward openness. This book also identifies the barriers to creating open business models (such as the not invented here syndrome and the not sold here virus) and explains how to surmount them.


Ecosystem Dynamics and Strategies for Startups Scalability

Ecosystem Dynamics and Strategies for Startups Scalability
Author: Baporikar, Neeta
Publisher: IGI Global
Total Pages: 351
Release: 2023-12-15
Genre: Business & Economics
ISBN:

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Those who venture into the realm of ecosystem advantage will discover a complex web of relationships, interfaces, and processes designed to efficiently deliver customer value. One important factor in the process of building an enterprise that is often overlooked is that a business's success is inevitably entwined with the performance of its surrounding ecosystem. Spanning a tapestry of firms, institutions, and individuals, this ecosystem forms the linchpin of success. However, the journey to prosperity demands more than the mere existence of a thriving ecosystem; it necessitates adept management and cultivation of relationships within it. Ecosystem Dynamics and Strategies for Startups Scalability uncovers the nuances of connecting complementary participants, navigating uncertainty among diverse partners, and securing a substantial share of the created value. As a testament to its academic rigor, the book discerns that fostering an ecosystem often hinges upon a "lead firm" orchestrating key value-contributing elements, or that the government enacting conducive policies. The book also extends far into diverse facets of resource management, ecosystem construction, and startup scalability, all rooted in comprehensive theoretical analysis. Bridging theory and practice, it furnishes case studies and best practices to accentuate these concepts. As economies worldwide reset post-pandemic, the book assumes greater relevance, illuminating the path for startups to thrive in emerging markets. Scholars, postgraduates, practitioners, and policymakers alike stand to gain a wealth of knowledge, from the evolution of resource management and ecosystems to their pivotal roles in startup success.