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New Economy, Food, and Agriculture

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  • Klimczuk, Andrzej
  • Klimczuk-Kochańska, Magdalena

Abstract

Consumers are becoming increasingly more informed about food systems and are interested not only in healthy, safe, and tasty food but also sustainable production, animal welfare, climate changes, and food waste. Consumers are also more focused on changing their lifestyle related to improved health knowledge and nutrition education (Timmer 2005). Maxwell and Slater (2004) have proposed criteria to evaluate food systems, including nutrition and health, rights and influence, security, sustainability, equality, and social inclusion. The authors also point out that the primary international institutions in the food value chain are not only the Food and Agriculture Organization and World Health Organization but also United Nations Industrial Development Organization, International Labour Organization, and World Trade Organization. The emerging trends in the food system are features of the {\dq}new economy.{\dq} This term describes the outcome of the transition from production- and manufacturing-based economy to a service-based or post-industrial economy at the end of the twentieth century. The traditional production factors such as cheap labor, land, and raw materials lose their importance in generating profits and competitiveness. The key is understanding of food consumer demand, knowledge of food industry and agriculture employees based on creativity, and flexibility of processes of production.

Suggested Citation

  • Klimczuk, Andrzej & Klimczuk-Kochańska, Magdalena, 2019. "New Economy, Food, and Agriculture," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1893-1898.
  • Handle: RePEc:zbw:espost:230607
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    References listed on IDEAS

    as
    1. Heo, Cindy Yoonjoung, 2016. "Sharing economy and prospects in tourism research," Annals of Tourism Research, Elsevier, vol. 58(C), pages 166-170.
    2. Klimczuk-Kochańska, Magdalena, 2017. "Importance of Creativity of Employees in Adaptation of Food Companies to Innovative Trends in the World," MPRA Paper 84979, University Library of Munich, Germany.
    3. Juho Hamari & Mimmi Sjöklint & Antti Ukkonen, 2016. "The sharing economy: Why people participate in collaborative consumption," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 67(9), pages 2047-2059, September.
    4. Andrzej Klimczuk, 2017. "Economic Foundations for Creative Ageing Policy, Volume II," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-53523-8, December.
    5. Klimczuk, Andrzej & Klimczuk-Kochańska, Magdalena, 2019. "New Economy, Food, and Agriculture," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1893-1898.
    6. Andrzej Klimczuk, 2015. "Economic Foundations for Creative Ageing Policy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-46533-7, December.
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    Cited by:

    1. Klimczuk, Andrzej & Klimczuk-Kochańska, Magdalena, 2019. "New Economy, Food, and Agriculture," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1893-1898.
    2. Klimczuk, Andrzej, 2021. "The Silver Economy as a Constructive Response in Public Policy on Aging," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 19-35.
    3. Klimczuk, Andrzej & Klimczuk-Kochańska, Magdalena, 2020. "Organic Agriculture," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-7.

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    More about this item

    Keywords

    Blue economy; Circular economy; Creative economy; food and agriculture; Digital economy; Sharing economy; Innovative economic systems; New economic systems;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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