Thematic Analysis of Entrepreneurial Initiatives and Sustainability Among Agribusiness Clusters in North Central States, Nigeria
Loading...
Date
2019
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
College of Social and Management Sciences Joseph Ayo Babalola University, Ikeji- Arakeji, Osun State, Nigeria.
Abstract
Sustainability has become an integral component of many government,
commercial, and non-profit agricultural research efforts, and it is beginning
to be woven into agricultural policy in developing countries. Although,
increasing numbers of farmers and ranchers have embarked on their own
paths to sustainability, incorporating integrated and innovative approaches
into their own enterprises. The growing demand for agricultural products
and sustainable productivity growth in agriculture is a vital issue. Also, the
challenges of sustainability in agribusinesses are now more complex than
ever as a result of the rising population in Nigeria. The study examines the
effect of entrepreneurial initiatives on agribusiness sustainability among
the clusters in Kwara, Kogi and Niger State. The study adopted a thematic
analysis using Nvivo 12 by conducting three focus group discussions among
the cluster members in the selected States. The findings revealed that
ensuring agribusiness sustainability requires derisking initiatives, cultural
orientation, entrepreneurial orientation, networking and technology as
basic entrepreneurial initiatives components required. It was recommended
that agricultural insurance can play an important role in securing clusters
and boasting efficiency of agribusiness. Agribusiness insurance should be
mandatory for all forms of agribusinesses within the clustered farmers.
Government should take the strategic lead for financial inclusion and
insurance for clusters by ensuring that insurance is included in the regional
agric policy as a broader strategy that creates capacities and incentives for
risk management.
Description
Keywords
Citation
Salau A. A. Abdulraheem, I. & Ismaila, Y. (2019). Thematic Analysis of Entrepreneurial Initiatives and Sustainability Among Agribusiness Clusters in North Central States, Nigeria. JABU International Journal of Social and Management Sciences, 7(1), 34 – 59,