Innovation and Competitive Advantage: Leading the Sustainable Revolution in Agricultural Entrepreneurship

Justina Teronpi, Juthika Konwar and Nilanjana Chakraborty
Additional contact information
Justina Teronpi: Assam University
Juthika Konwar: Assam University
Nilanjana Chakraborty: Assam University

A chapter in The Synergistic Effect of Sustainable Business Practices on Corporate Performance, 2025, pp 47-59 from Springer

Abstract: Abstract Sustainable agricultural entrepreneurship is critical for food security and biodiversity, as global food demand is expected to reach 70% by 2050. Sustainability is critical for addressing problems such as food insecurity, natural disasters, diseases, and unemployment. The term “sustainable” refers to a person’s ability to handle stress and recover from shocks, while not undermining the natural resource base. The agricultural sector, which accounts for 4% of global GDP, is facing challenges with extreme clumsiness and risks, climate change, and environmental resource degradation. Sustainable agricultural practices possess the ability to reduce the consumption of natural resources while improving the quality of biodiversity. Agricultural entrepreneurship is on the rise, with a focus on farm and non-farm activities to diversify income streams and address challenges. Innovative practices such as vertical farming, hydroponics, greenhouse farming, and organic farming are being used to ensure food security while preserving the natural resource base. Farmers face challenges such as technology costs, technical know-how, farm mechanisation, indifference, a lack of support, monitoring, and awareness. Despite these challenges, sustainable practices have the potential to bridge the economic and biodiversity gaps, ensuring food security and sustainable agriculture.

Keywords: Sustainable; Agriculture; Entrepreneurship; Innovation; Food security (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-3375-3_3

Ordering information: This item can be ordered from
http://www.springer.com/9789819633753

DOI: 10.1007/978-981-96-3375-3_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().