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Entrepreneurs and Start-ups in the Agricultural Industry

Marta Grant and Wendong Zhang ()

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Analyzing 24 recent agricultural start-up companies and 23 agricultural applications, this article provides an overview of entrepreneurs and start-ups in the agricultural industry, with a focus on crop production and farm management. Agricultural entrepreneurship is gaining traction and getting more support from universities and industries. While most recent agricultural start-ups focus on producers, opportunities exist to better serve investors and agricultural professionals. Better data management to assist agricultural production and management decisions would be a potential source of new ideas. Despite the challenges, the rural property professionals should be more aware of newer data, tools, and technologies brought by these innovative firms. Additionally, automation, artificial intelligence, and sensors will present significant opportunities for new start-ups.

Date: 2019-01-01
New Economics Papers: this item is included in nep-agr and nep-sbm
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