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...

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Veröffentlicht in:Canadian journal of agricultural economics 2009-12, Vol.57 (4), p.459-480
Hauptverfasser: Ross, R. Brent, Westgren, Randall E
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container_title Canadian journal of agricultural economics
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creator Ross, R. Brent
Westgren, Randall E
description 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. L'innovation technologique rapide et la mondialisation ont donné lieu à des chaînes d'approvisionnement agroalimentaire et à des réseaux de plus en plus complexes ainsi qu'à des marchés agroalimentaires incertains. Compte tenu de ce type d'environnement concurrentiel, les spécialistes en gestion soutiennent que les entreprises agroalimentaires qui possèdent des capacités entrepreneuriales surclasseront celles qui n'en possèdent pas. Nous avons utilisé des modèles de simulation multi-agent pour étudier cette hypothèse. Les modèles multi-agent sont particulièrement pertinents dans la présente étude puisqu'ils permettent la simulation explicite de comportements entrepreneuriaux et d'interactions entre firmes qui engendrent la création de richesse. Les résultats de notre analyse ont montré que les capacités entrepreneuriales, telles que la vigilance, la prise de risque et l'efficacité, ont des répercussions variées sur la performance d'une firme en raison de différentes configurations stratégiques du paysage agroalimentaire.
doi_str_mv 10.1111/j.1744-7976.2009.01165.x
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subjects Agricultural and food market
Agricultural economics
Business networks
Business strategies
Economic models
Entrepreneurs
Entrepreneurship
Food
Globalization
Innovation
Studies
Supply chain management
Technological change
title Agent-Based Model of Entrepreneurial Behavior in Agri-Food Markets
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