Theoretical foundations of Agripreneurship Development Process: A study of best practices, facilitative factors and inhibitive factors of achiever farmers.

Abstract

Promotion of entrepreneurship development has become an essential feature in the national development plans of most countries, and those that have adopted this strategy earlier than others are now reaping some success. In order to train the farmers to be entrepreneurial to manage agriculture not as a way of life but as an enterprise having capabilities for agri entrepreneurial endeavours, availability of factors of success of an agri-enterprise may help to replicate such examples in other areas as well. The present study is an effort to delineate the success factors along with best practices for agripreneurship development. It is established that hard policies usually provide assistance in the form of finance while soft measures include enhancing capabilities, technology and access to technology, physical infrastructure, and advice after the start. From the analysis of success factors and best practices of 52 cases it may be inferred that unique needs of rural youth can be addressed through a holistic approach that places high-quality small business and life skills training alongside relevant technical training.