Agricultural value chain in a turbulent environment
The development of agricultural value chains is typically associated with strong institutions, supporting infrastructures and stable political and policy environment. In developing countries characterized by environmental turbulence, smallholder farmers in particular, grapple with a wide range of obstacles and challenges that hinder them from full participation and optimisation of agricultural value chain by smallholder farmers. These factors include regulatory, market, competitive, weather, economic and political turbulence factors. This paper reviews the extant literature on agricultural value chain in the context of a turbulent environment. Drawing insights from the empirical context of Nigeria, where agricultural and other economic activities have been severely disrupted by terrorist violence, political instability and derelict infrastructure, we propose a conceptual framework that maps the impact of environmental turbulence on agricultural production, and discusses the technological and strategic options for smallholders to overcome these challenges in order to benefit optimally from agricultural value chain
Citation : Adeyeye, A., Kolade, O., Obembe, D., Ogunsade, A. (2021) Agricultural value chain in a turbulent environment. Paper presented at Institute for Small Business and Entrepreneurship Annual Conference 2021, Cardiff, Wales, United Kingdom, 28-29 October.
Research Institute : Centre for Enterprise and Innovation (CEI)
Peer Reviewed : Yes