IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v27y2022i02ns1084946722500157.html
   My bibliography  Save this article

Opportunity Alertness, Risk-Taking And Diversification By Small- And Medium-Sized Farmers

Author

Listed:
  • MARCELO CALLE

    (Department of Management Science, Universidad del Azuay, Av. 24 de Mayo 7-77 y Hernán Malo, Cuenca, Ecuador)

  • ADAM WATSON

    (Department of Agricultural and Biological Engineering, College of Agricultural and Life Sciences, University of Florida, Gainesville, FL, 32611, USA)

  • JOHN LAI

    (Food and Resource Economics Department, College of Agricultural and Life Sciences, University of Florida, Gainesville, FL, 32611, USA)

  • WENDELL A. PORTER

    (Department of Agricultural and Biological Engineering, College of Agricultural and Life Sciences, University of Florida, Gainesville, FL, 32611, USA)

Abstract

In many developed economies, the struggle to survive finds many small farms disappearing. Diversification is recognized as an important strategy for sustaining farms of this scale, addressing food security issues and creating a more resilient food system. This study aims to analyze farmers’ intentions to diversify into new business opportunities and how opportunity alertness and risk-taking propensity affect their intentions. These relationships are examined using data collected from 166 small and medium-sized farmers in five regions within Florida. The results indicate that for small and medium-sized farmers, opportunity alertness and risk-taking propensity have a positive effect on diversification intentions across seven different types of activities. Implications are drawn for theory and practice.

Suggested Citation

  • Marcelo Calle & Adam Watson & John Lai & Wendell A. Porter, 2022. "Opportunity Alertness, Risk-Taking And Diversification By Small- And Medium-Sized Farmers," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 27(02), pages 1-24, June.
    • Handle: RePEc:wsi:jdexxx:v:27:y:2022:i:02:n:s1084946722500157
    DOI: 10.1142/S1084946722500157
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946722500157
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1084946722500157?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. K.Thomas Felix & K. B. Ramappa, 2023. "An economic analysis of crop diversification and dynamics of cropping pattern in Karnataka, India," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-9, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jdexxx:v:27:y:2022:i:02:n:s1084946722500157. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.