The Double Way between Financial Indicators and Innovation Investment Behavior for the Romanian Agri-Business Actors: Entrepreneurship and Innovation

Dumitru-Florin Moise ()
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Dumitru-Florin Moise: Bucharest University of Economic Studies, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 1, 253-260

Abstract: Within a world dominated by risks and uncertainties, the agriculture sector has limited options to develop and one of these is the innovation, as in many other economic sectors. The actors of this sector behave differently and their choices linked to innovation should have always an economic basis. The investments decisions in capital expenditure, better quality of the working capital, human resources or processes are influenced by different financial indicators obtained as liquidity level or rentability expressed through return on equity or return on assets. The study is based on a qualitative methodology related to a field questionnaire for 201 companies. A good position of liquidity will determine the farmers to invest in a better quality of the raw materials and technology connected to them. The entrepreneurs who get better rentability rates will invest in development of the internal processes and in classical form of innovation represented by capital expenditure.

Keywords: innovation; agriculture; behavior; financial indicators (search for similar items in EconPapers)
JEL-codes: G31 Q12 Q16 (search for similar items in EconPapers)
Date: 2024
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