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Agro-biotechnological innovation: evaluating decision making drivers in SMEs

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  • Alessandro Basile

Abstract

This paper investigates the decision-making process regarding the choice of using biotechnologies in agricultural SMEs as well as the implications about business management. Moving from the benchmark and trade-off of two types of production process (conventional and biotech), the topic will be discussed by using a business analysis perspective. In addition, an application based on the mathematical model of Kuhn-Tucker multipliers is presented. Empirical results, discourage the introduction of biotech productions, mainly because of size and governance mechanisms of the SMEs.

Suggested Citation

  • Alessandro Basile, 2012. "Agro-biotechnological innovation: evaluating decision making drivers in SMEs," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 12(1), pages 21-35.
    • Handle: RePEc:ids:ijmdma:v:12:y:2012:i:1:p:21-35
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