Entrepreneurial Proclivity and Farm Performance: The Cases of Dutch and Slovenian Farmers

Farmers are advised to be entrepreneurial, but there is scant research showing that an entrepreneurial proclivity (EP) in farmers results in better performance. This study tests empirically whether an EP contributes to the performance of farms. A model with hypotheses about the relationship between...

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Bibliographic Details
Published in:International journal of entrepreneurship and innovation 2011-08, Vol.12 (3), p.169-177
Main Authors: Verhees, Frans J.H.M., Kuipers, Abele, Klopcic, Marija
Format: Article
Language:English
Subjects:
Agricultural industry
Agriculture
Correlation analysis
Eastern Europe
Entrepreneurship
Farm management
Farmers
Farming
Farms
Netherlands
Slovenia
Small and medium sized enterprises
Studies
Western Europe
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Summary:Farmers are advised to be entrepreneurial, but there is scant research showing that an entrepreneurial proclivity (EP) in farmers results in better performance. This study tests empirically whether an EP contributes to the performance of farms. A model with hypotheses about the relationship between EP and performance is provided and tested for a sample of Dutch and Slovenian farmers. EP has a universal positive influence on the performance and performance expectations of farmers in The Netherlands and in Slovenia. Proactiveness is the most influential element of EP for the performance of farms. Risk taking and innovativeness, the two other elements of EP, are important because they help farmers to be proactive.
ISSN:1465-7503
2043-6882
DOI:10.5367/ijei.2011.0039