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Do Entrepreneurial Assistance Programs Create Value for Agri-Food Entrepreneurs?

Author

Listed:
  • Lovgren Adam

    (Wonderful Nurseries, Visalia, CA, USA)

  • Ross R. Brent

    (Department of Agricultural, Food, and Resource Economics, Michigan State University, East Lansing, MI, USA)

  • Leschewski Andrea

    (Department of Economics, South Dakota State University, Brookings, SD, USA)

  • Peterson H. Christopher

    (Department of Agricultural, Food, and Resource Economics, Michigan State University, East Lansing, MI, USA)

Abstract

This study analyzes how agri-food Entrepreneurial Assistance Programs (EAPs) create value for entrepreneurs. Using the MSU Product Center as a unit of analysis, the effect of agri-food EAP assistance on firms’ venture evaluation, perceived legitimacy, and performance is examined. Results indicate that agri-food EAP assistance prevents untenable business ideas from launching, improves the survival of launched ventures and develops entrepreneurs’ perceived legitimacy with trading partners. Further, results imply that targeted EAPs are a viable policy approach for promoting entrepreneurial activity in the agri-food industry, and that they can be particularly well suited to assisting nascent entrepreneurs.

Suggested Citation

  • Lovgren Adam & Ross R. Brent & Leschewski Andrea & Peterson H. Christopher, 2020. "Do Entrepreneurial Assistance Programs Create Value for Agri-Food Entrepreneurs?," Entrepreneurship Research Journal, De Gruyter, vol. 10(1), pages 1-14, January.
    • Handle: RePEc:bpj:erjour:v:10:y:2020:i:1:p:14:n:2
    DOI: 10.1515/erj-2018-0016
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    References listed on IDEAS

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