An Agent-Based Model of Entrepreneurial Behavior in Agri-Food Markets
"Rapid technological innovation and globalization have led to increasingly complex agri-food supply chains and networks, and uncertain agri-food markets. Given this type of competitive environment, management scholars have argued that agri-food firms that adopt capabilities for entrepreneurship will outperform firms that do not. We use agent-based simulation methods to explore this hypothesis. Agent-based models are particularly relevant in this study as they allow for the explicit simulation of the entrepreneurial behaviors and firm interactions that lead to wealth creation. In our analysis, we find that entrepreneurial capabilities of alertness, risk-taking, and efficiency vary in their effect on firm performance given alternative agri-food strategic landscape configurations." Copyright (c) 2009 Canadian Agricultural Economics Society.
Year of publication: |
2009
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Authors: | Ross, R. Brent ; Westgren, Randall E. |
Published in: |
Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie. - Canadian Agricultural Economics Society - CAES. - Vol. 57.2009, 4, p. 459-480
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Publisher: |
Canadian Agricultural Economics Society - CAES |
Saved in:
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