IDEAS home Printed from https://ideas.repec.org/a/arp/jacarp/2022p27-34.html
   My bibliography  Save this article

Marketing of Start-ups and Innovations in Agricultural Entrepreneurship

Author

Listed:
  • Mariia Dykha

    (Department of Economics of Enterprise and Entrepreneurship, Khmelnytsky National University, Khmelnytsky, Ukraine)

  • Anastasiia Mohylova

    (Department of Marketing and International Management, Oles Honchar Dnipro National University, Dnipro, Ukraine)

  • Tetiana Ustik

    (Department of Marketing and Logistics, Sumy National Agrarian University, Sumy, Ukraine)

  • Kseniia Bliumska-Danko

    (Department of Marketing and Logistics, Sumy National Agrarian University, Sumy, Ukraine)

  • Valentina Morokhova

    (Department of Marketing, Lutsk National Technical University, Lutsk, Ukraine)

  • Li Tchon

    (Department of International Business & Marketing, Yanka Kupala State University of Grodno, Grodno, Belarus)

Abstract

Agricultural development is a determining factor in ensuring food security. The intensification and innovation of agriculture is a prerequisite for meeting the food needs of the world’s population. Any innovative activity is Entrepreneurial and is based on the search for new ideas and their assessment; finding the necessary resources; Enterprise creation and management; receiving cash income, and personal satisfaction with the achieved result. The specificity of innovation is its riskiness, so often, investors simply ignore insufficiently substantiated projects. Currently, the due diligence procedure is gaining popularity, during which an investment study is carried out to establish the risks of a proposed capital transaction and develop a competent mayor to manage them. In the article, the authors considered the features and difficulties of marketing for startups and innovations in agricultural entrepreneurship and proposed a due diligence procedure to improve it. Due diligence is actions aimed at obtaining an objective picture of the object of financing. Due diligence is necessary both before investing, merging or buying a company and before starting any kind of cooperation with startups and innovations. The authors considered introducing the due diligence procedure and alternative ways of acquiring a business, indicated and analyzed the main stages of the financial due diligence procedure, and gave an example of the report of the diligence procedure for an agricultural startup.

Suggested Citation

  • Mariia Dykha & Anastasiia Mohylova & Tetiana Ustik & Kseniia Bliumska-Danko & Valentina Morokhova & Li Tchon, 2022. "Marketing of Start-ups and Innovations in Agricultural Entrepreneurship," Journal of Agriculture and Crops, Academic Research Publishing Group, vol. 8(1), pages 27-34, 01-2022.
  • Handle: RePEc:arp:jacarp:2022:p:27-34
    DOI: 10.32861/jac.81.27.34
    as

    Download full text from publisher

    File URL: https://www.arpgweb.com/pdf-files/jac8(1)27-34.pdf
    Download Restriction: no

    File URL: https://www.arpgweb.com/journal/14/archive/01-2022/1/8
    Download Restriction: no

    File URL: https://libkey.io/10.32861/jac.81.27.34?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arp:jacarp:2022:p:27-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Managing Editor (email available below). General contact details of provider: http://arpgweb.com/index.php?ic=journal&journal=14&info=aims .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.