Extra-Core Production and Capabilities: Where is the Food Industry Going?

Ting Fa Chang (), Maurizio Droli and Luca Iseppi

International Food and Agribusiness Management Review, 2015, vol. 18, issue 01, 21

Abstract: Through the lens of resource-based theory, this study examines the extra-core food industry capabilities needed to diversify secondary production (heterogeneity) in order to overcome entry barriers into destination markets (mobility). Using a well-structured database of Eurostat supply tables (EU-27), results demonstrate: a) entering a food core business need not be difficult for newcomers; b) The EU Food Industry has capabilities to undertake extra-core business activities below the average of the EU-27 system; and, c) the food industry’s secondary production is too heterogeneous and distributed over a wide range of activities. This study highlights productive trends, hypothesizing capacity needs and creates the necessary framework for further investigation.

Keywords: Agribusiness; Demand and Price Analysis; Financial Economics; Production Economics; Productivity Analysis; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:197774

DOI: 10.22004/ag.econ.197774

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