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AgTech: Challenges and Opportunities for Sustainable Growth

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Abstract

In this white paper, we provide an overview of a new emerging economic sector: sustainable agricultural technology or, more simply, “AgTech.” This sector has the potential to completely reshape global agriculture, dramatically increasing the productivity of the agriculture system while reducing the environmental and social costs of current ag production practices. Given that we must produce more food in the next forty years than during the entire course of human history to date, and must do so on a planet showing signs of severe environmental stress, AgTech innovations will be absolutely essential. We believe humanity can rise to the occasion and overcome these monumental global challenges, but to do so will require sustained attention, significant investment, and AgTech-specific entrepreneur support systems to help spur innovation in the field.Our purpose in writing this paper is threefold. First, we seek to increase awareness of the productivity and sustainability challenges of the food system and inspire entrepreneurs to enter the field. Total demand is expected to rise 70 percent by 2050, and current growth rates in agriculture are not sufficient to meet this goal. However, the ag sector faces an even greater challenge because of the uncertainty posed by climate change on future production and constraints posed by the limited availability of land, water, and other key resources. These twin challenges of productivity and sustainability translate to countless opportunities for innovation across the complete value chain, from inputs and agricultural production to transport, processing, distribution, storage, and waste disposal. Visionary entrepreneurs will have the ability to solve pressing societal challenges while capturing the economic value of their new AgTech products and processes.Our second purpose is to help increase the flow of capital to investments in AgTech. The agriculture sector as a whole is one of the world’s largest economic sectors, with net farm income of around $120 billion and farm assets at around $2 trillion with little leverage. Yet there has been relatively little investment in AgTech compared with other industries like clean energy. Venture capital firms compiling portfolios of new AgTech companies are seeing more startups seeking funding than available capital, and other investor groups thus far have not entered the field in significant numbers. Given the size of the potential market and the vital societal need for agricultural innovation, we expect that investors soon will realize the opportunity of AgTech and invest substantially in this emerging field.Our third purpose is to highlight the need for regional AgTech entrepreneur support systems to accelerate innovation. We believe that the American heartland provides an ideal example of a region poised to make great strides forward in developing an entrepreneurial sector for AgTech. The heartland has some of the world’s best growing conditions and natural resources, and currently produces 27.2 percent of the world’s corn, 29.75 percent of its soybeans, 6.7 percent of its beef, and 6.9 percent of its pork, making this region an epicenter of global agricultural activity. The heartland houses some of largest and most progressive agricultural companies in the world, looked upon as leaders in their field. The heartland is blessed with highly developed transportation networks along its waterways and railroads, allowing for efficient logistics and transport of ag products. In addition, the heartland has world-class AgTech research capabilities with its land-grant universities and city-level clusters of expertise, such as plant sciences in St. Louis and animal sciences in Kansas City. Given the overall AgTech entrepreneurial activity in the region and the large number of significant multinational players, the American heartland can be a powerful influence in driving the objectives of the AgTech revolution. Taken together, these resources indicate a regional competitive advantage in AgTech, similar to what the Silicon Valley cluster has provided for the IT industry. For these reasons, we believe a concerted effort to develop a regional AgTech entrepreneurial support system will result in immense benefits for the region itself and set an example for other agricultural communities across the world.We hope this paper launches a larger dialogue on the monumental challenge of sustainable food production for the next forty years and opportunities for the AgTech sector to help solve this challenge. We look forward to hearing your thoughts and ideas on these important topics.

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... However, the focus of the study was predominantly on agricultural innovation framework and value-added agricultural new ventures, but not so much on high technology companies. In contrast, Dutia (2014) work used the term "agtech" to refer to emerging economic sector, which is sustainable agricultural technology and "agtech startup" to refer to agricultural technology new ventures. For him, innovation in agtechs could meet the demands of increasing population pressures and necessity of more sustainable crop production. ...
... Similarly, Dutia (2014) suggested a new approach for the agtech value chain, starting from technological inputs, passing through crop and animal production, agricultural processing, manufacture and distribution, and finishing on final consumption, such as food, fiber and energy products. In addition, he cited several new companies that operate within the agtech sector. ...
... It can be supposed that once the term "ag tech" frequently refers to agricultural technology as a sector (Dutia, 2014;Agfunder, 2016;Radicle, 2017), the term "agricultural technology new ventures" or "agtech start-up" or simply "agtechs" characterizes the new technology-based ventures, frequently startups, acting within high technological agribusiness activities (Nature Biotechnology, 2014;Agfunder, 2016;Cbinsights, 2017). According to Samuel R. Allen, CEO of the John Deere company, "in the not-too distant future, precision agriculture may evolve to the point that farmers will be able to monitor, manage and measure the status of virtually every plant in the field…Precision farming is a big deal. ...
Conference Paper
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The present study aims to characterize a new type of business ventures-agtech companies. Researchers conducted 3 interviews with the owners of agtechs located in Agtech valley and then by using a quantitative approach, collected secondary data of 74 firms from the Brazilian largest agricultural technology Science Park. This article contributes to the literature by characterizing the emerging type of new technology-based ventures within the agribusiness context. The results show that agricultural technology new ventures are involved in virtually all high technology agricultural activities and are among the key solutions for the changes the agribusiness sector needs to go through to face productivity and sustainability pressures. In addition, the findings suggest agribusiness can be a source of high technology innovations. This brings considerable implications for the agribusiness studies.
... Sustainable agriculture must be ecologically correct, economically viable and socially responsible, and these three dimensions, in so far as they are related to sustainability, are inseparable [5], as sustainable agriculture must nurture healthy ecosystems and support the sustainable management of land, water and natural resources, ensuring global food security [6]. In this context, startups of the agribusiness sector, known as AgTechs, emerged, with focus on sustainable agricultural technology as a way of answering the demands raised after international agreements such as the Paris Agreement and the United Nations Sustainable Development Goals (SDGs) [7]. ...
... In this work, from now on, we will use the term "Agritech". Agritechs can be regarded as startups in the agriculture, horticulture and aquaculture sectors, which are working in the areas of: automation, drones, big data, automated irrigation, georeferencing of machinery, internet of things (IoT), artificial intelligence, sensors, biotechnology and urban farms, with the emerging potential to completely reshape global agriculture, dramatically increasing the productivity of the agricultural system and reducing the environmental and social costs of current agricultural production practices, dialoguing directly with the SDGs 2 (Zero Hunger), 9 (Industry, Innovation and Infrastructure), 12 (Responsible consumption and production) and 13 (Climate Action) [7][8][9][10]. ...
... Then, startups can be defined as a group of people in search of a repeatable and scalable business model operating in an environment of extreme uncertainty [31]. Like other startups, Agritechs look for business models with such characteristics, being organizations that somehow work to solve problems whose solutions are not obvious, with no guarantee of success, but, because they focus on agricultural activities, which by nature work with specific climatic, biological and market uncertainties, Agritechs comprise a study phenomenon with particular characteristics [7]. Terms commonly associated with Agritechs, as seen in figure 1, are: Digital Agriculture, Smart Farming/Smart Agriculture and Agriculture 4.0. ...
Article
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The agribusiness sector has great importance in the economy, and in order to remain competitive, the number of investments in disruptive technologies and concepts, such as Internet of Things, Physical Cyber Systems, Artificial Intelligence, among others, grows. These concepts are often applied by agribusiness startups, known as Agritechs. To help these startups spread their technologies, and mitigate their high mortality level, the use of a maturity model is a good tool, as maturity models help to identify factors that need to be worked on and improved. The creation of a maturity model for Agritechs is innovative, which makes the definition of possible maturity models to be used as a basis challenging. Thus, this article seeks to present the core constructs related to Agritechs in order to identify possible maturity models that can be used as a steppingstone in creating a new maturity model, specific to Agritechs. To reach this goal, the bibliometric analysis software, SciMAT, was used, to define the most relevant themes for the area of Agritechs, so that, based on these themes, it is possible to more properly research maturity models relevant to the definition of dimensions, basis of an Agritechs maturity model. The results showed that maturity models in sustainability, industry 4.0 and startups should be combined and adapted to develop a maturity model specific for Agritechs. The initial dimensions developed for this model were: Change management dimension, Strategic dimension, Technological dimension and Sustainability dimension.
... Technology-based startups focused on agribusiness solutions, known as AgTechs (Dutia, 2014), are looking for specific solutions to improve yields and reach the goal of sustainable food supply for the coming decades (Kakani et al., 2020). According to Dutia (2014), the AgTechs have great potential to transform the agricultural sector through increases in technologies that help in greater productivity in the field, associated with a reduction in the environmental and social costs of production practices. ...
... Technology-based startups focused on agribusiness solutions, known as AgTechs (Dutia, 2014), are looking for specific solutions to improve yields and reach the goal of sustainable food supply for the coming decades (Kakani et al., 2020). According to Dutia (2014), the AgTechs have great potential to transform the agricultural sector through increases in technologies that help in greater productivity in the field, associated with a reduction in the environmental and social costs of production practices. ...
... Analyzing the two main clusters in this research, it was noticeable that there is a substantial amount of theoretical research (Boursianis et al., 2020;Liu et al., 2018;Kakani et al., 2020;Pham and Stack, 2018;Spanaki et al., 2021) and empirical research (Colezea et al., 2018;Kouadio et al., 2018Lampridi et al., 2019Schulz et al., 2021;Zhai et al., 2021) regarding agricultural technologies. Furthermore, similar researches (Dutia, 2014;Miranda et al., 2019;Wezel et al., 2014) were found to focus on sustainability (more specifically, sustainable technologies). Thus, by analyzing the literature, it was possible to identify a growing interest in the AgTech theme concerning digital and disruptive technologies, however, the human factors, business models, and management aspects involved in this topic are being neglected, with few articles tackling these issues (Carayannis et al., 2018;Graff et al., 2019;Mendes et al., 2021;Yoon et al., 2021). ...
Article
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Article history: Purpose: Conduct a bibliometric study on agricultural startups (AgTech) and the main concepts related to them in the literature. Theoretical framework: The agribusiness sector has the challenge of producing food sustainably to ensure food security for the planet's population by 2050. In this context, there is an exponential growth in investments in agriculture technology (Kakani et al., 2020). Most of these technologies are developed and marketed by AgTechs, the technological startups in agribusiness. AgTechs are expressive in the 4.0 agriculture scenario, where more precise and environmentally sustainable technologies are sought (Dutia, 2014. However, despite the growing number of AgTechs, few studies present their main concepts in the scientific literature. Design/methodology/approach: The Web of Science (WoS) and Scopus databases were used together with softwares: SciMAT and VOSviewer to develop the bibliometric study. The SciMAT was used to clean up raw bibliographic data, analyze, and configure the analysis. The maps generated were produced at VOSviewer and based on co-citation for the periods defined in the SciMAT. Findings: The results showed that the theme is not well consolidated in the literature, but it is in a dizzying growth, with 71.3% of the articles having been published in the last three years in 79 journals and with publications covering 44 countries. Research, Practical & Social implications: the AgTech theme is consolidating in literature where digital and disruptive technologies are concerned, however, the human factors, business models, and management aspects involved in this topic are being neglected, which resulted in the proposal of a Research Agenda that can help both academics and practitioners to analyze AgTechs aspects that appear to not be in focus right now. Originality/value: The study brought important contributions to a better understanding of the term AgTech in the literature and to the improvement of concepts related to this ecosystem.. (2022). Agriculture Startups (AGTECHS): A Bibliometric Study Intern. Journal of Profess. Bus. Review. | São Paulo, v. | n. | p. | e0277 | 2022. 2 STARTUPS DA AGRICULTURA (AGTECHS): UM ESTUDO BIBLIOMÉTRICO RESUMO Objetivo: Realizar um estudo bibliométrico sobre as startups da agricultura (AgTech) e os principais conceitos relacionados a elas na literatura. Referencial teórico: O setor de agronegócios tem o desafio de produzir alimentos de forma sustentável para garantir a segurança alimentar da população do planeta até 2050 (Kakani et al., 2020). Neste contexto, há um crescimento exponencial nos investimentos em tecnologia. A maioria dessas tecnologias é desenvolvida e comercializada pelas AgTechs, startups de base tecnológica do agronegócio. As AgTechs são expressivas no cenário agrícola 4.0, onde busca-se tecnologias mais precisas e ambientalmente sustentáveis (Dutia, 2014). Entretanto, apesar do crescente número da AgTechs, poucos estudos apresentam seus principais conceitos na literatura científica. Desenho/metodologia/abordagem: As bases de dados Web of Science (WoS) e Scopus foram utilizadas em conjunto com softwares: SciMAT e VOSviewer para realização do estudo bibliográfico. O SciMAT foi utilizado para limpar dados bibliográficos brutos, analisar e configurar a análise. Os mapas gerados foram produzidos no VOSviewer e baseados em co-citação para os períodos definidos no SciMAT. Resultados: Os resultados mostraram que o tema não está bem consolidado na literatura, mas está em um crescimento vertiginoso, com 71,3% dos artigos tendo sido publicados nos últimos três anos em 79 periódicos e com publicações abrangendo 44 países. Pesquisa, implicações práticas e sociais: o tema AgTech está se consolidando na literatura no que diz respeito às tecnologias digitais e disruptivas, entretanto, os fatores humanos, modelos de negócios e aspectos de gestão envolvidos neste tópico estão sendo negligenciados, o que resultou na proposta de uma Agenda de Pesquisa que pode ajudar tanto acadêmicos quanto profissionais a analisar aspectos das AgTechs que parecem não estar em foco neste momento. Originalidade/valor: O estudo trouxe contribuições importantes para uma melhor compreensão do termo AgTech na literatura e para o aprimoramento de conceitos relacionados a este ecossistema. Palavras-chave: AgTech, Agronegócios, Estudos Bibliométricos, SciMAT, Vosviewer STARTUPS AGRÍCOLAS (AGTECHS): UN ESTUDIO BIBLIOMÉTRICO RESUMEN Objetivo: Realizar un estudio bibliométrico sobre las startups agrícolas (AgTech) y los principales conceptos relacionados con ellas en la literatura. Marco teórico: El sector agroalimentario tiene el reto de producir alimentos de forma sostenible para garantizar la seguridad alimentaria de la población del planeta en 2050. En este contexto, hay un crecimiento exponencial de las inversiones en tecnología agrícola (Kakani et al., 2020). La mayoría de estas tecnologías son desarrolladas y comercializadas por las AgTechs, las startups tecnológicas de la agroindustria. Las AgTechs son expresivas en el escenario de la agricultura 4.0, donde se buscan tecnologías más precisas y ambientalmente sostenibles (Dutia, 2014. Sin embargo, a pesar del creciente número de AgTechs, pocos estudios presentan sus principales conceptos en la literatura científica. Diseño/metodología/enfoque: Se utilizaron las bases de datos Web of Science (WoS) y Scopus junto con los softwares: SciMAT y VOSviewer para desarrollar el estudio bibliométrico. El SciMAT se utilizó para limpiar los datos bibliográficos en bruto, analizar y configurar el análisis. Los mapas generados se produjeron en VOSviewer y se basaron en la co-citación para los períodos definidos en el SciMAT. Resultados: Los resultados mostraron que el tema no está bien consolidado en la literatura, pero está en un crecimiento vertiginoso, con el 71,3% de los artículos publicados en los últimos tres años en 79 revistas y con publicaciones que abarcan 44 países. Investigación, implicaciones prácticas y sociales: El tema AgTech se está consolidando en la literatura en lo que respecta a las tecnologías digitales y disruptivas, sin embargo, los factores humanos, los modelos de negocio y los aspectos de gestión involucrados en este tema están siendo descuidados, lo que dio lugar a la propuesta de una Agenda de Investigación que puede ayudar tanto a los académicos como a los profesionales a analizar los aspectos AgTechs que parecen no estar en el foco ahora mismo. Originalidad/valor: El estudio aportó importantes contribuciones para una mejor comprensión del término AgTech en la literatura y para la mejora de los conceptos relacionados con este ecosistema.
... Fernando Aranceta Garza, a Francisco J. Vergara-Solana, b Daniel Peñalosa-Martinell, c Germán Ponce Díaz, c Roberto Ascencio Michel, c Leonardo Vázquez-Vera y Héctor Reyes Bonilla d Considerando el crecimiento poblacional mundial y el aumento del ingreso per cápita, se estima que la producción agropecuaria mundial deberá aumentar 70% para 2050 (Conforti y Sarris, 2011;Tilman et al., 2011;Levin y Stevenson, 2012), lo cual significa un reto porque no solo la tasa de crecimiento de la producción de alimentos actual es insuficiente para lograr esta meta, sino que existen restricciones fundadas en la disponibilidad limitada de tierra arable y agua, además del entorno climático incierto y el impacto medioambiental, que implica un aumento de la producción con las tecnologías actuales (Rockstrom et al., 2009;Tilman et al., 2011;Dutia, 2014). ...
... La magnitud del mercado, actual y proyectado, que representa la industria alimentaria global, en conjunto con la presión para desarrollar tecnologías (tanto para reducir el impacto ambiental del sector como para aumentar los márgenes de ganancias en un mercado competitivo de productos poco diferenciados), se traduce en una fuente importante de oportunidades de negocio innovadoras a lo largo de la cadena de valor, que genera los incentivos económicos para fomentar el crecimiento y la optimización de la industria acuícola (Goldsmith, 2001;Dutia, 2014;Schumpeter, 2017). ...
Book
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La acuacultura es identificada internacionalmente como una de las mejores alternativas para producir alimentos de alta calidad con un impacto ambiental bajo en comparación con otras actividades agroalimentarias. Es una actividad dependiente de un nivel tecnológico relativamente elevado, por lo que su auge coincide con la etapa de mayores avances científicos de la humanidad. Particularmente en México, durante 2013 y 2018 la acuacultura ha sido capaz de generar en promedio 230,000 toneladas anuales de crustáceos y peces, con un valor de 15,000 millones de pesos anuales, contribuyendo con el 40% del valor de la producción total de pescados y mariscos del país, alcanzando un crecimiento a una tasa de 6% anual hasta 2018. Esta industria emplea a más de cincuenta mil personas en las 31 entidades federativas, en donde se han cultivado más de 70 especies en todos los tipos de ambiente acuáticos (marino, salobre y agua dulce). Es tal su importancia, que en los últimos años, se ha establecido como proyecto estratégico el impulso a la acuacultura a nivel nacional, con la finalidad de aumentar las producciones hasta un 20% en los próximos años. Sin embargo, existen obstáculos para lograr el objetivo de incrementar la producción acuícola asegurando un medio ambiente sano. Por ello, es muy importante contar con las herramientas políticas, legales, sociales, financieras y tecnológicas adecuadas y actualizadas para garantizar el desarrollo integral de esta actividad, donde la participación de los sectores público, privado, académico y sociedad civil es crucial. El “Diagnóstico de la acuacultura en México” contiene la revisión del estado actual de la acuacultura nacional y los retos a futuro, donde la audiencia podrá entender el contexto en el que esta actividad es realizada en México, identificando fortalezas y áreas de oportunidad.
... As startups de base tecnológica voltadas para soluções no agronegócio são conhecidas como AgTechs, acrônimo de tecnologia agrícola em inglês (Blanco, 2019), e buscam soluções específicas para melhorar o rendimento e atingir a meta de fornecimento sustentável de alimentos para as próximas décadas (Kakani et al. 2020). Segundo Dutia (2014), as AgTechs apresentam grande potencial de transformar o setor agropecuário por meio de incrementos de tecnologias que auxiliem na maior produtividade no campo associada a redução de custos ambientais e sociais das práticas produtivas. ...
... Nesse trabalho, os parâmetros seguidos tiveram por base os trabalhos de Van Eck e Waltman (2007) Seleção dos períodos que serão analisados: devido ao fato de que os quatro primeiros períodos somaram apenas 27 artigos, e que ao serem lidos os resumos foi possível identificar que os mesmos tratavam AgTech não como um tipo específico de startup, mas sim como uma abreviação para "tecnologia agrícola" decidiu-se pela exclusão desses períodos, e a análise final foi feita apenas com os três últimos períodos. Destaca-se o fato de que o primeiro trabalho acadêmico a realmente usar AgTech como startup da agricultura foi o de Dutia et al. (2014) e que o setor de AgTech ganhou visibilidade quando, em 2014, os EUA investiram US$ 2,36 bilhões, envolvendo 264 acordos, em AgTechs (Tilney et al., 2015). Ou seja, a exclusão dos períodos 1996 a 2012 fazem sentido para o objetivo desse artigo; ...
... Agricultural innovation could occur anywhere along the agricultural value chain (i.e., farm inputs, crop and animal production, primary processing, secondary processing, distribution and logistics, and consumer consumption) and often the most significant discoveries occur as a result of combining innovations in different areas (Dutia 2014). Agricultural and food technology are rapidly growing areas for angel and venture capital funding and entrepreneurial BOX 5.4. ...
Technical Report
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Botetourt County, Virginia is a rural county in the Roanoke, Virginia metropolitan area that has evolved into a bedroom community for the nearby cities of Roanoke and Salem. This study examines characteristics and trends for the Botetourt County economy with special attention to the farm sector. It describes national and regional food and agricultural industry developments that could affect consumer demand and farm production practices. Lastly, it identifies various steps that the community might take to preserve and revitalize agricultural activity in support of local economic development.
... Our motivation for this research is as follows. There is evidence that rural and agricultural regions have valuable resources that are immediately needed to help address the global effects of climate change and projected population growth (Dutia, 2014;Lybbert and Sumner, 2012;Mowery, Nelson and Martin, 2010;Weber and Rohracher, 2012). Some argue that delays in action may mean missed opportunities, for example, any research policy changes would not occur immediately but would take time to move from legislation to implementation, and getting the necessary infrastructure in place to take advantage of new policies could take many years (Geels, 2004;Youtie and Shapria, 2008). ...
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We use a production function approach using the Bayesian Information Criterion (BIC) to identify the lag structure and magnitude of the impact of USDA and non-USDA research expenditures on total factor productivity (TFP) in rural and urban areas. We identify a statistically significant seven-year lag structure in both rural and urban areas. The USDA expenditure impacts are stronger in urban areas for the earlier portions of the lag function and come later in rural areas; the model finds non-USDA research expenditures have no TFP effect on rural areas. The model outputs are illustrated with state maps.
... soil monitoring and fertilizer application planning are an important activity for maximizing the crop yields. The traditional methods are taking ground samples manually from random locations and estimating the soil water status, nutrient deficiencies and pest infestation or by remote sensing through the satellites [5]. Although ground-based or satellite imagery are more practical for the purpose of refining variable rate applications like Nitrogen, Phosphorus and Potassium but are time consuming, cost intensive and complex methods. ...
Conference Paper
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Unmanned Aerial Vehicle (UAV) platform may be boon for management of agricultural production as it can focus on small crop fields at lower flight altitudes than other regular aerial vehicle to perform site-specific farm management operation with higher precision. UAVs would be efficient aid for remote sensing of crop and land conditions for acquiring data, processing and management by judicious application of inputs and assessment of crop conditions. It can also address adverse crop and land prerequisites, where use of conventional machines is challenging e.g. spraying under wet paddy field, tall crop sugarcane, pigeon pea etc. Remote control for operation and exigency management (fault detection, diagnosis and prognosis) and target specific operation on agricultural field including environmental and human safety; requires sensor actuator networking and telemetry. Embedding the available technologies and methods for meeting functional, operational and structural requisite, specifically for the crop and land environment with UAV is of utmost importance. On the basis of system range, accuracy, resolution, and precision, sensitivity, linearity, offset, hysteresis and response time of different sensing and control technologies e.g. optical, near infrared, thermal multi-spectral, hyper-spectral, Light Detection and Ranging, radio frequency and sonar. This paper presents an overview of research involving the development of UAV technology for agricultural production management. Technologies, systems and methods are analyzed for insitu integration under Indian farm conditions. The limitations of current UAVs for agricultural production management are deliberated, moreover forthcoming needs and suggestions for development and application of the UAV technologies in agricultural production management are projected.
... This integration across disciplines offers the greatest opportunity for future research. Continued work in the agrifood sector aims to both support Australia's long-term prosperity (Business Council of Australia, 2014) and contribute to global sustainability (Dutia, 2014). Accordingly, the following questions should be considered: ...
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Industry sectors are typified by their complex, networked, and open nature, characteristics making them well suited to innovation through the application of design. Despite this apparent suitability, there remains little research published specifically regarding the application of design to sector-level strategy formation. This article describes the application of a design-led innovation (DLI) approach to industry transformation strategy. DLI is a design thinking method that integrates deep customer insights into business models, informing organizational transformation and strategy. This article explores the adaptations and challenges that occur when scaling design to a sector in the form of a proposed framework: the Sector Grand Challenge Framework (SGC Framework). This is described through a case study applying the SGC Framework to the development of a food and agribusiness (agrifood) growth and competitiveness strategy in partnership with Food Innovation Australia Limited, an Australian Federal Government Industry Growth Centres initiative. The SGC Framework uses many of the same principles as DLI, scaling this approach to an entire industry sector. This scale exacerbates key challenges observed within a firm, including poor linkages between groups, large and complex stakeholder networks, and lack of unifying purpose or vision.
... Identifying and facilitating these opportunities could occur simultaneously as the university technology transfer systems is improved in ways relevant to rural firms. For example, universities have catalogs of innovations intended to combat some of the challenges of climate variability or help meet the demands of the growing global population (Dutia, 2014;Figueroa-Armijos and Johnson, 2012;Weber and Rohracher, 2012). While some these innovations may appear better suited for large or urban firms to take advantage of them in terms of creating firm growth, they could be attractive to small, rural firms as the scale of growth needed for positive results is much smaller. ...
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In this article, we examine the issue of economic inequality in the rural United States and its connection to limited opportunities to create wealth through innovation-driven entrepreneurship. Reasons as to why this situation exists are investigated. We then explore the current role played by land grant universities in fostering rural innovation and its limitations. A new vision for effective land grant university participation in this arena of economic development is offered. We conclude by suggesting some actions that might jump-start this new role.
... Standardization in technology is vital for the improvement in communication between farm equipment. Also, research and open source projects should be encouraged more to improve the overall quality of technological solutions [49]. ...
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The application of sensors and information and communication technology (ICT) in agriculture has played a vital role in improving agricultural production and the value chain. Recently, the use of data analytics has shifted agriculture from input-intensive to knowledge-intensive as a large amount of agricultural data can be stored, shared, and analyzed to create information. In this paper, we have reviewed existing sensors and data analytics techniques used in different areas of agriculture. We have classified agriculture into five categories and reviewed the state-of-the-art technology in practice and ongoing research in each of these areas. Also, we have presented a case study of Korean scenario compared with other developed nations and addressed some of the issues associated with it. Finally, we have discussed current and future challenges and provided our views on how such issues can be addressed.
... As a matter of fact, this revolution is only possible because most of these technologies are being developed by knowledge-based startups that focus on agricultural sector, the so called "agtechs" (Mikhailov, Reichert, Pivoto, 2018). They are not only helping agricultural firms to increase their productivity and efficiency, but also facilitating them to enhance their innovative performance towards a more sustainable activity (Dutia, 2014;Deichmann, Goyal, Mishra, 2016;Wolfert, Ge, Verdouw, Bogaardt, 2017). ...
Conference Paper
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Digital revolution has been transforming the agribusiness worldwide. This revolution is only possible because most of digital technologies are being developed by knowledge-based startups that focus on agricultural sector, the so called "agtechs". In this context, many scholars have been studying the reasons why agribusiness firms adopt these new technologies and how they impact on their performance. However, there is a lack of empirical studies about how digital technologies offered by agtechs are influencing the agribusiness value chains. Therefore, this paper aims to analyze how digital technologies are being applied in the agribusiness value chains. In order to achieve this objective, we mapped the set of digital technologies commercialized by 130 Brazilian agtechs through the secondary data analysis. The results show that most agtechs focus on solving operations and managerial issues inside the farm by developing software-based and not hardware-based solutions. We highlight that for each value chain position the agtechs have significant differences on their mean ages. It suggests the existence of different technological generations of agtechs, which reinforces the ongoing paradigm shift. Therefore, the digitalization gap between the farm and other sub-sectors of agribusiness value chain should decrease over time. Keywords: ICT; agribusiness; value chains; agtechs; innovation
... Development of tools that can bundle agricultural technology with accounting and financial systems is crucial for scenario planning required to improve the overall sustainability of the sector (Dutia, 2014;Kelly et al., 2019). Indeed, despite its importance, adapting to risk is often not considered in evaluations of economic sustainability of the sector (Lien et al., 2007). ...
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Purpose This study aims to explore the need for improved data sources and models for COVID-19 and climate-related risk scenario analysis in primary production. The COVID-19 pandemic is impacting global markets for agricultural produce, making short-term forecasting highly uncertain. Meanwhile climate-related risk continues for agricultural businesses. Farmers and their accountants need to plan and make estimates about the potential effect of COVID-19 and ongoing climate risks to their natural and financial capital and so they need accounting-integrated biophysical and socio-economic data streams. Design/methodology/approach This research note reviews the current state of scenario-based planning for COVID-19 and other risks for Australian businesses generally, in addition to planning for farming businesses more specifically. Discussion of the authors’ current research in integrating accounting and farming data for water-related risk caused by climate and other challenges is presented as an analogous case. Findings Review and analogous case comparison demonstrate the need for farm data to be integrated more efficiently and effectively with accounting data for accurate scenario planning for COVID-19 and other risks, including those posed by climate. Practical implications While not strangers to the need for scenario analysis, given exposure to ever-increasing natural resource and climate variability, this research note highlights how primary producers and their accountants require increased accounting-integrated farm data and systems to make judgements, assumptions and estimates about the potential effect of COVID-19 and ongoing climate risks to their business. Social implications The sustainability of the agricultural sector is of great relevance to all of us and so the development of tools and resources that can assist food producers in times of ongoing climate pressures and new crises, such as COVID-19, is important. Better understanding of such risks can help farm businesses develop effective strategies which minimise the potential loss of agricultural value resulting in improved flows of greater capital value for society. Originality/value Through application to the analogous case of water-related risk and decision-making, the research note demonstrates that linking of biophysical and accounting data streams will be essential for evidence-backed numbers included in scenario plans with enough legitimacy to be interrogated inside and outside of the business. The “best estimate of the directors” is no longer enough in challenging socio-economic and biophysical times ahead for primary producers.
... Esses dispositivos inteligentes automatizam processos agrícolas como detecção de ervas daninhas, detecção de rendimento e qualidade da colheita, dentre outras atividades de monitoramento, colheita, processamento e comercialização. AGFUNDER, DUTIA, 2014;KAKANI et al., 2020;ROTZ et al., 2019;TALAVIYA et al., 2020;ZHAI et al., 2020 Computação em Nuvem Uso de infraestrutura tecnológica de forma remota ou hospedada na internet para armazenar, gerenciar e processar dados agrícolas, em substituição a investimentos em servidores locais. AGFUNDER, AMORIM et al., 2019;ROTZ et al., 2019;ZHAI et al., 2020 Internet das Coisas (IoT) Correlações de dados estruturados e não estruturados oriundos de sensores distribuídos por diversos objetos conectados à internet para fornecer insights sobre a produção e subsidiar a tomada de decisão. ...
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Objetivo: Este estudo buscou identificar o estado da arte na temática das agtechs em publicações científicas nacionais e internacionais. Design/Metodologia/Abordagem: Empregou-se uma abrangente revisão sistemática integrativa de publicações disponíveis nas bases internacionais: Science Direct e Scopus. E nas bases nacionais: Spell e Scielo. Buscas complementares na plataforma Google Scholar e integração de documentos referenciados nas publicações foram incorporados a revisão. Resultados: Os resultados apresentam bases mais sólidas para novas pesquisas sobre a temática, com conceituações, classificações, terminologias associadas, tecnologias envolvidas, além de oferecer perspectivas para futuros estudos. Originalidade/Valor: Este é o primeiro estudo que organiza e sintetiza as publicações sobre o tema das agtechs, fornecendo ferramental analítico e conceitos basilares para futuros estudos.
... The field of agricultural sciences is once again experiencing transformative changes on a scale that has not been seen since the 1950s. Research, new technology and business activity in food, agriculture and bio-renewables (AgTech) is experiencing considerable growth (Dutia, 2014). New and emerging business models having sustainability as a core component provide munificent ground for research and application. ...
... Facing this situation, it is important to understand the factors that can enhance agribusiness performance where competition is high for limited resources such as land, water, quality seeds and livestock genetics, facing the challenge of retention of youth and specific agribusiness skills (Dutia, 2014;Läpple et al., 2014;Pigford et al., 2018;Toma et al., 2016). An essential engine for growth is the creation and adoption of innovative technologies to help increase yields and optimize the use of natural resources (Higgins et al., 2018;Hyland et al., 2018). ...
Article
Financial performance is a key factor in promoting agribusiness development. Studying ways to increase these returns in the agricultural context provides a favorable environment to create solutions to attend the increasing global food consumption. The agribusiness industry has the potential to change this scenario, if farmers are financially sustainable to satisfy the demands with agricultural productivity. Would Networking between farmers and their stakeholders help increase their knowledge in order to innovate? Moreover, would their capability of applying new knowledge lead to higher financial returns? This research seeks to investigate if Networking among 222 farmers in South Brazil influences their Absorptive Capacity that leads to better Financial Performance. Using structural equation modeling, the findings show that Networking has a positive relationship with Potential Absorptive Capacity that influences Realized Absorptive Capacity and leads to higher Financial Performance. The findings and their implications were discussed followed by limitations and recommendations for future research.
... Their success largely depends on the speed with which the producers absorb these technologies. According to Dutia (2014) and Pham and Stack (2018), the main objective of agtechs is to modify the agricultural sector through increased productivity in line with reductions in socioenvironmental costs. ...
Article
Purpose The study aimsto analyze the main elements associated with the evolution of Brazilian agtechs from the initial conception of the business model to becoming companies in the scale-up stage. Design/methodology/approach The exploratory research was conducted based on data collected through in-depth interviews. The answers were analyzed quantitatively using descending hierarchical classification (DHC) and correspondence factor analysis (CFA) and qualitatively using content analysis. Findings Five main elements were identified as responsible for the evolution of the companies up to their entering the scale-up phase: (1) governance, (2) decisions inherent to resource allocation, (3) monitoring of strategic, tactical and operational activities, (4) fostering human capital development and (5) business model validation. Each element presents a set of performance indicators that show the scalability of these companies. Practical implications The model developed can help companies that have not yet advanced from the conception of the business model to the scalability of different sectors, in addition to agribusiness. Social implications Proposal of a model that presents the main elements that impact on scalability and respective indicators that contributed to the scalability process of Brazilian agtechs. Originality/value This study contributed to advancing the knowledge on the organizational life cycle (OLC) of agricultural startups, particularly regarding the factors responsible for their scalability.
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The objective of this research work is to study the artificial intelligence (AI)-based product benefits and problems of the agritech industry. The research variables were developed from the existing review of literature connecting to AI-based benefits and problems, and 90 samples of primary data from agritech industry managers were gathered using a survey of a well-structured research questionnaire. The statistical package of IBM-SPSS 21 was utilized to analyze the data using the statistical techniques of descriptive and inferential statistical analysis. Results show that better information for faster decision-making has been ranked as the topmost AI benefit. This implies that the executives of agritech units have a concern about the quality of decisions they make and resistance to change from employees and internal culture has been ranked as the topmost AI problem.
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Big Data (BD) and Internet of Things (IoT) are considered to generate major businesses and impact on the workforce market until 2050 and beyond. However, there are barriers that are still slowing down the success of BD and IoT applications, especially due to the lack of standardization and challenges of different players to cooperate. On the other side, access to large scale cloud computing testbeds has become a commodity and huge opportunities can be exploited in domains such as agriculture, automotive, renewable energy, health, and smart cities. The goal is to present business development ideas and steps that a young and smart entrepreneur should take to start and accelerate a successful career in BD/IoT, scaling-up beyond 2050.
Conference Paper
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Food security, poverty and climate change are closely linked. Climate-Smart Agriculture is a very significant part of the solution for both Climate Change mitigation and Sustainable Agriculture. Agriculture has much to contribute to a low emissions development strategy. Since in many countries agriculture provides a high mitigation potential, Green House Gases (GHG) emissions reduction efforts must include agriculture. Climate-smart agriculture is essential for building capacity, experience and guiding future choices, as well as smart management of natural resources. Two aspects of Climate-Smart Agriculture will be discussed, macro and micro. The macro aspect will elaborate policies and global efforts, while micro aspects will elaborate specific techniques and technologies for the implementation of Climate-smart Agriculture. On the macro aspects, the objective of global initiatives of the Global Alliance is to seek improvements in people's food and nutrition security by helping governments, farmers, scientists, businesses, and civil society, to facilitate climate change mitigation and efficient use of natural resources. Initial action areas include knowledge, investment and enabling environment. In the micro aspect, the use of aerospace technology and engineering analysis techniques to facilitate higher yields for certain crop will be elaborated and exemplified. These techniques can provide data which the farmers can use to monitor and to help determine yields of their farming products, through the provision of relevant satellite data.
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