Do Entrepreneurial Assistance Programs Create Value for Agri-Food Entrepreneurs?

Lovgren Adam, Ross R. Brent (), Leschewski Andrea and Peterson H. Christopher
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Lovgren Adam: Wonderful Nurseries, Visalia, CA, USA
Ross R. Brent: Department of Agricultural, Food, and Resource Economics, Michigan State University, East Lansing, MI, USA
Leschewski Andrea: Department of Economics, South Dakota State University, Brookings, SD, USA
Peterson H. Christopher: Department of Agricultural, Food, and Resource Economics, Michigan State University, East Lansing, MI, USA

Entrepreneurship Research Journal, 2020, vol. 10, issue 1, 14

Abstract: This study analyzes how agri-food Entrepreneurial Assistance Programs (EAPs) create value for entrepreneurs. Using the MSU Product Center as a unit of analysis, the effect of agri-food EAP assistance on firms’ venture evaluation, perceived legitimacy, and performance is examined. Results indicate that agri-food EAP assistance prevents untenable business ideas from launching, improves the survival of launched ventures and develops entrepreneurs’ perceived legitimacy with trading partners. Further, results imply that targeted EAPs are a viable policy approach for promoting entrepreneurial activity in the agri-food industry, and that they can be particularly well suited to assisting nascent entrepreneurs.

Keywords: entrepreneurial assistance; economic development; venture creation; food industry (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1515/erj-2018-0016

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