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Value Chain Synergy And Agribusiness Entrepreneurship For A Sustainable Development In Albania

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  • KRUJA, Alba Demneri

    (Epoka University, Tirana, Albania)

Abstract

Agribusiness as a concept became popular in the early 1960s where was defined as a sector including all operations in the production and distribution of agricultural inputs; farm production operations; as well as the collection, processing and distribution of farm products and by-products. But including its development as an agenda of the international forums will start only after the global crisis in 2010. Coordination and cooperation among the value chain actors is extremely important for the development of this sector. Now, agribusiness is perceived as a product industry and promoter of social and economic health, and for the Albanian economy, it is a very important sector which employs about half of the labor force. This research addresses the necessity of a triple helix collaboration among industry-government research institutions for the sector entrepreneurship developments to take place. The value of agribusiness lies in the synergy produced in its shell through the links in the supply chain, involved in the production and distribution of food and fiber to the needs of the economy. Study results show that the existence of a synergy among agribusiness value chain actors are the factors that characterize the sector`s entrepreneurial development and sustainability.

Suggested Citation

  • KRUJA, Alba Demneri, 2020. "Value Chain Synergy And Agribusiness Entrepreneurship For A Sustainable Development In Albania," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 190-196, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:190-196
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    References listed on IDEAS

    as
    1. Alba Demneri Kruja, 2013. "The Contribution of SMEs to the Economic Growth (Case of Albania)," EuroEconomica, Danubius University of Galati, issue 1(32), pages 55-67, May.
    2. Gecaj, Merita & Shahu, Edmira Ozuni & Imami, Drini & Skreli, Engjell & Jambor, Attila, 2018. "Analysing the impact of subsidies in the Albanian agriculture sector – A comparative approach," 162nd Seminar, April 26-27, 2018, Budapest, Hungary 271964, European Association of Agricultural Economists.
    3. Einar Lier Madsen, 2007. "The significance of sustained entrepreneurial orientation on performance of firms -- A longitudinal analysis," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 19(2), pages 185-204, March.
    4. Eglantina Hysa & Alba Kruja & Naqeeb Ur Rehman & Rafael Laurenti, 2020. "Circular Economy Innovation and Environmental Sustainability Impact on Economic Growth: An Integrated Model for Sustainable Development," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    5. Ortmann, Gerald F. & King, Robert P., 2007. "Agricultural Cooperatives I: History, Theory and Problems," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(1), pages 1-29, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Agribusiness; value chain synergy; entrepreneurship; sustainability; Albania;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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