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Cooperative strategies of food enterprises amid the COVID-19 pandemic

Author

Listed:
  • Olga A. Chernova

    (Southern Federal University, Rostov-on-Don, Russia)

  • Baraa Ali

    (Southern Federal University, Rostov-on-Don, Russia)

Abstract

The factors of the pandemic threaten the stability of enterprises engaged the food industry and put them in a situation where previously successful strategies are no longer effective. Based on the global practice of implementing cooperative strategies amid the COVID-19 pandemic, the article tests the hypothesis that there is a correlation between cooperative strategies in the food industry and the adaptability of business entities to the pandemic factors. The methodological framework includes the theory of integration and transaction cost, as well as the ecosystem approach. The methods of case study, descriptive statistics, structural-logical analysis and SWOT analysis were applied. The authors identify the main types of cooperative business models, these are circular entrepreneurship, virtualization and digitalization of logistical interactions, ecological and immunostimulating production, and service-oriented business cooperation. Having compared the models according to their capability to support sustainable development of the enterprise amid the pandemic, we found that the opportunities for cooperating in the food industry were largely associated with the development potential of institutional, information and infrastructural environment. The research reveals the prospects for the functioning of the food industry in the new reality, determines the avenues for potential innovations in the industry, and develops the measures for a proactive response to crises.

Suggested Citation

  • Olga A. Chernova & Baraa Ali, 2021. "Cooperative strategies of food enterprises amid the COVID-19 pandemic," Upravlenets, Ural State University of Economics, vol. 12(5), pages 70-83, November.
    • Handle: RePEc:url:upravl:v:12:y:2021:i:5:p:70-83
    DOI: 10.29141/2218-5003-2021-12-5-5
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    References listed on IDEAS

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    2. Getu Hailu, 2020. "Economic thoughts on COVID‐19 for Canadian food processors," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(2), pages 163-169, June.
    3. Valeriya Vlasova & Vitaliy Roud, 2020. "Cooperative Strategies in the Age of Open Innovation: Choice of Partners, Geography and Duration," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 14(4), pages 80-94.
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    More about this item

    Keywords

    cooperative strategies; food ecosystems; adaptability; food industry; sustainable development; pandemic;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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