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Toward Better Defining the Field of Agribusiness Management

Author

Listed:
  • Ng, Desmond W.
  • Siebert, John W.

Abstract

Despite the growth and interest in the agribusiness profession, what constitutes agribusiness management research continues to be a perennial debate. This study argues that the advancement of a field is predicated on defining a field’s set of fundamental questions or issues because resolution of such issues serves to elevate the field to a high level of research inquiry. In order to advance the domain of agribusiness management in agricultural economics, this study examines four questions of strategy and outlines the pertinent theories used in resolving such concerns. Theories which we feel can advance agribusiness management to be a distinct discipline include Coase’s (1937) treatment on the “nature of the firm,” Simon’s (1957, 1976) concept of bounded rationality, Penrose’s (1959) theory of the growth of the firm, and subsequently Barney’s (1986, 1991) Resource-Based View. The relevance and implications of this early work should serve as a guide to those seeking to explain an agribusiness firm’s existence, behavior, growth and heterogeneity.

Suggested Citation

  • Ng, Desmond W. & Siebert, John W., 2009. "Toward Better Defining the Field of Agribusiness Management," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 12(4), pages 1-20, November.
    • Handle: RePEc:ags:ifaamr:92566
    DOI: 10.22004/ag.econ.92566
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    References listed on IDEAS

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    1. Michael Boehlje, 1999. "Structural Changes in the Agricultural Industries: How Do We Measure, Analyze and Understand Them?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1028-1041.
    2. Erna van Duren & David Sparling & Calum Turvey & Linda Lake, 2003. "An assessment of the strategies and strengths of medium-sized food processors," Agribusiness, John Wiley & Sons, Ltd., vol. 19(1), pages 115-132.
    3. Thomas L. Sporleder, 1992. "Managerial Economics of Vertically Coordinated Agricultural Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(5), pages 1226-1231.
    4. Wei‐Ru Chen & Kent D. Miller, 2007. "Situational and institutional determinants of firms' R&D search intensity," Strategic Management Journal, Wiley Blackwell, vol. 28(4), pages 369-381, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Dominic, Theresia & Theuvsen, Ludwig, 2015. "The Impact of External and Internal Factors on Strategic Management Practices of Agribusiness Firms in Tanzania," GlobalFood Discussion Papers 197072, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    2. Detre, Joshua D. & Gunderson, Michael A. & Oliver Peake, Whitney & Dooley, Frank J., 2011. "Academic Perspectives on Agribusiness: An International Survey," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(5), pages 1-25, December.
    3. Larson, Ronald B., 2013. "Addressing the Needs of the Agribusiness “Fringe”," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150805, Agricultural and Applied Economics Association.
    4. Mugera, Amin W., 2012. "Sustained Competitive Advantage in Agribusiness: Applying the Resource-Based Theory to Human Resources," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 15(4), pages 1-22, November.
    5. Harrison, R. Wes & Ng, Desmond W., 2011. "The Scientific Pluralism of Agribusiness: A Special Issue on Theory and Practice: Forward," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(5), pages 1-10, December.
    6. Jozwiak, Akos & Milkovics, Matyas & Lakner, Zoltan, 2016. "A Network-Science Support System for Food Chain Safety: A Case from Hungarian Cattle Production," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 19(A), pages 1-26, June.
    7. Ng, Desmond W., 2011. "Thinking Outside the Box: An Absorptive Capacity Approach to the Product Development Process," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(3), pages 1-28, September.
    8. Desmond Ng & Kerry Litzenberg, 2019. "Overcoming disciplinary divides in higher education: the case of agricultural economics," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-7, December.
    9. Van Fleet, David D. & Hutt, Roger W., 2016. "Journal Lists: A Theoretical and Empirical Analysis," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 19(3), pages 1-20, August.
    10. Edamisan Stephen Ikuemonisan & Taiwo Ejiola Mafimisebi & Igbekele Amos Ajibefun & Adeyose Emmanuel Akinbola & Olanrewaju Peter Oladoyin, 2022. "Analysis of Youth’s Willingness to Exploit Agribusiness Opportunities in Nigeria with Entrepreneurship as a Moderating Variable," Businesses, MDPI, vol. 2(2), pages 1-20, April.

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