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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.


ICT4Ag start-ups: Building a Better E-Agribusiness

ICT4Ag start-ups: Building a Better E-Agribusiness
Author: CTA
Publisher: CTA
Total Pages: 48
Release: 2018-06-18
Genre: Business & Economics
ISBN:

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Spore Magazine 189: ICT4Ag start-ups: Building a Better E-Agribusiness The recent boom in ag-tech start-ups has helped to further agricultural transformation and improve farmers’ access to valuable ICT-enabled services. But to continue this progress it is pertinent that entrepreneurs design sustainable business models. SPORE is the quarterly magazine of the Technical Centre for Agricultural and Rural Cooperation (CTA), offering a global perspective on agribusiness and sustainable agriculture. CTA operates under the Cotonou Agreement between the countries of the Africa, Caribbean and Pacific (ACP) group and the European Union and is financed by the EU.


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?""--


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.


America’s Most Successful Startups

America’s Most Successful Startups
Author: Max Finger
Publisher: Springer Science & Business Media
Total Pages: 183
Release: 2013-06-29
Genre: Business & Economics
ISBN: 3663092526

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Der wirtschaftliche Einfluß schnell wachsender Unternehmensneugründungen wächst zunehmend. Das Know-how erfolgreicher Unternehmensgründer wird somit zum Schlüsselfaktor des Unternehmenserfolgs. Dieses Buch bietet einen anwendungsorientierten Leitfaden für die erfolgreiche Gründung eines eigenen Unternehmens. Es basiert auf einer erstmals durchgeführten Interviewstudie mit Firmengründern und Aufsichtsratsvorsitzenden (Chief Executive Officers; CEOs) der erfolgreichsten High-Tech-Start-ups in Silicon Valley und Massachusetts sowie mit Risikokapitalgebern, Investmentbankern, Rechtsanwälten und Technikern. (The economic impact of high-growth startups is steadily increasing. Against this background knowledge regarding new venture creation is one of the key factors for success. This book presents hands-on lessons for starting, building and growing a successful company. The research is based on more than one hundred interviews with the founders and chief executive officers of America ́s most successful high-tech start-ups in Silicon Valley and Massachusetts as well as venture capitalists, investment bankers, lawyers and technologists involved.)


Experts' Views on Success Factors for High Tech Start Ups - Lessons from Israel

Experts' Views on Success Factors for High Tech Start Ups - Lessons from Israel
Author:
Publisher:
Total Pages:
Release: 2002
Genre:
ISBN:

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Beyond the widely acknowledged importance of new business, the role of young exporting high-tech business in Israel and many other small economies is seen as vital for economic growth. Israel is small and geographically isolated from the main markets, suffers from security difficulties, but fosters a culture which promotes knowledge rich new technologies. Thus, new ventures with leading edge technologies and prospects of high growth and profitability offer a means to achieve the national goal of economical independence. Internationally however, the high-technology sector has recently suffered badly from the bursting of the dot.com bubble and the crash of the Nasdaq. Prior to the collapse, the remarkable enthusiasm for new high-technology ventures led to quite unrealistic expectations about the profitability and sustainability of many of these new companies. A characteristic of companies formed during the overheated period was the elevation of ideas over substance and in particular, the lack of a sound business practices. Nonetheless, the potential value of these high-technology companies is recognized and there is some evidence of their gradual re-emergence under difficult circumstances. To aid the sustainability of this re-emergence, this study addresses the issue of viable business models that could enhance the prospects of success. Such a model of best practices, if properly grounded in the experiences of both successful and unsuccessful entrepreneurs, may provide a template to guide the formation and operation of new and growing high-tech companies. The contribution of this paper is twofold, first to collate the experiences of practitioners and secondly, to synthesise these into a model that identifies factors critical for success, and factors that are important, but not deemed essential and the roles they play in shaping success. Thus the study captures the implicit knowledge embedded in the experiences of entrepreneurs and others who are, or have been, engaged.


New Perspectives in Technology Transfer

New Perspectives in Technology Transfer
Author: Dana Mietzner
Publisher: Springer Nature
Total Pages: 284
Release: 2021-02-06
Genre: Business & Economics
ISBN: 3030614778

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This edited book presents research results that are relevant for scientists, practitioners and policymakers who engage in knowledge and technology transfer from different perspectives. Empirical and conceptual chapters present original approaches regarding the current practice and policies behind technology transfer. By providing analyses at the macro, meso and micro-level, the respective chapters demonstrate how technology is moving from various organizational contexts into new institutions and becoming a critical aspect for competitiveness.


Scaling Up Disruptive Agricultural Technologies in Africa

Scaling Up Disruptive Agricultural Technologies in Africa
Author: Jeehye Kim
Publisher: World Bank Publications
Total Pages: 117
Release: 2020-07-16
Genre: Technology & Engineering
ISBN: 1464815224

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This study—which includes a pilot intervention in Kenya—aims to further the state of knowledge about the emerging trend of disruptive agricultural technologies (DATs) in Africa, with a focus on supply-side dynamics. The first part of the study is a stocktaking analysis to assess the number, scope, trend, and characteristics of scalable disruptive technology innovators in agriculture in Africa. From a database of 434 existing DAT operations, the analysis identified 194 as scalable. The second part of the study is a comparative case study of Africa’s two most successful DAT ecosystems in Kenya and Nigeria, which together account for half of Sub-Saharan Africa’s active DATs. The objective of these two case studies is to understand the successes, challenges, and opportunities faced by each country in fostering a conducive innovation ecosystem for scaling up DATs. The case study analysis focuses on six dimensions of the innovation ecosystem in Kenya and Nigeria: finance, regulatory environment, culture, density, human capital, and infrastructure. The third part of the study is based on the interactions and learnings from a pilot event to boost the innovation ecosystem in Kenya. The Disruptive Agricultural Technology Innovation Knowledge and Challenge Conference in Nairobi, Kenya, brought together more than 300 key stakeholders from large technology companies, agribusiness companies, and public agencies; government representatives and experts from research and academic institutions; and representatives from financial institutions, foundations, donors, and venture capitalists. Scaling Up Disruptive Agricultural Technologies in Africa concludes by establishing that DATs are demonstrating early indications of a positive impact in addressing food system constraints. It offers potential entry points and policy recommendations to facilitate the broader adoption of DATs and improve the overall food system.