Indian agri‐seed industry: understanding the entrepreneurial process

Emerald - Tập 17 Số 3 - Trang 455-474 - 2010
SushilKumar1, JabirAli1
1Centre for Food and Agribusiness Management, Indian Institute of Management, Lucknow, India

Tóm tắt

PurposeThe paper aims to discuss and analyse the entrepreneurial process in Indian seed business and factors affecting entrepreneurship in this sector.Design/methodology/approachThe paper is based on in‐depth personal interviews with 40 entrepreneurs involved in 31 seed ventures belonging to five districts covering three states of India – Uttar Pradesh, Haryana, and Uttarakhand. These firms were selected following the convenient method of sampling. All major components of entrepreneurial process – personal traits and background of the entrepreneur, legal and financial environment, and market structure – were studied in detail. Descriptive and relational data‐analytic methods were adopted such as frequency distribution, cross tabulation, and correlation analysis.FindingsRealizing the importance of availability of quality seed to the farming community in adequate quantity in the country, current government policies are geared towards promoting and fostering entrepreneurship in seed industry in India. The paper finds that the firms established during last five to ten years have shown continuous growth indicating attractiveness of the industry. Ability to build entrepreneurial team with complementary skills and knowledge and experience of the lead entrepreneurs are found to be the critical success factors in this industry.Research limitations/implicationsThe findings of the paper is based on mainly qualitative data/information collected only from 40 entrepreneurs belonging to 31 seed ventures.Practical implicationsThe study findings have implications for policy makers as well as for prospective entrepreneurs. It will help in designing appropriate policy instruments promote and foster entrepreneurship on one hand and provide suggestions for new entrepreneurs for creating sustainable new seed ventures on the other.Originality/valueThe paper is original and value loaded in the sense that this provides the practical implications for understanding the entrepreneurial process in a very critical segment of the agriculture sector.

Từ khóa


Tài liệu tham khảo

Aldrich, H.E. and Cliff, J.E. (2003), “The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective”, Journal of Business Venturing, Vol. 18 No. 5, pp. 573‐96.

Ardichvili, A., Cardozo, R. and Ray, S. (2003), “A theory of entrepreneurial opportunity identification and development”, Journal of Business Venturing, Vol. 18 No. 1, pp. 105‐23.

Bisk, L. (2002), “Formal entrepreneurial mentoring: the efficacy of third party managed programs”, Career Development International, Vol. 7/5, pp. 262‐70.

Butler, J.E. and Hansen, G.S. (1991), “Network evolution, entrepreneurial success, and regional development”, Entrepreneurship & Regional Development, Vol. 3 No. 1, pp. 1‐16.

Capelleras, J. and Greene, F.J. (2008), “The determinants and growth implications of venture creation speed”, Entrepreneurship & Regional Development, Vol. 20 No. 4, pp. 317‐43.

Chrisman, J.J., Chua, J.H. and Litz, R.A. (2003), “Commentary: a unified perspective of a family firm performance – an extension and integration”, Journal of Business Venturing, Vol. 18 No. 4, pp. 467‐72.

Cohen, W. and Levinthal, D. (1990), “Absorptive capacity: a new perspective on learning and innovation”, Administrative Science Quarterly, Vol. 35, pp. 128‐52.

Corbett, A.C. (2007), “Learning asymmetries and the discovery of entrepreneurial opportunities”, Journal of Business Venturing, Vol. 22 No. 1, pp. 97‐118.

Davidsson, P. and Honig, B. (2003), “The role of social and human capital among nascent entrepreneurs”, Journal of Business Venturing, Vol. 18 No. 3, pp. 301‐31.

Deakins, D. (1996), Entrepreneurs and Small Firms, McGraw‐Hill, London.

Deakins, D., Graham, L., Sullivan, R. and Whittam, G. (1998), “New venture support: an analysis of mentoring support for new and early stage entrepreneurs”, Journal of Small Business and Enterprise Development, Vol. 5 No. 2, pp. 151‐61.

Deeds, D.L. (2001), “The role of R&D intensity, technical development and absorptive capacity in creating entrepreneurial wealth in high technology start‐ups”, Journal of Engineering Technology Management, Vol. 18, pp. 29‐47.

Deeds, D.L., DeCarolis, D. and Coombs, J. (1999), “Dynamic capabilities and new product development in high technology ventures: an empirical analysis of new biotechnology firms”, Journal of Business Venturing, Vol. 15 No. 2, pp. 211‐29.

Dickson, P.H., Solomon, G.T. and Weaver, K.M. (2008), “Entrepreneurial selection and success: does education matter?”, Journal of Small Business and Enterprise Development, Vol. 15 No. 2, pp. 239‐58.

Fletcher, D.E. (2006), “Entrepreneurial processes and the social construction of opportunity”, Entrepreneurship & Regional Development, Vol. 18 No. 5, pp. 421‐40.

Gadwal, V.R. (2003), “The Indian seed industry: its history, current status and future”, Current Science, Vol. 84, pp. 399‐405.

Gibb, A. (1996), “Entrepreneurship and small business management: can we afford to neglect them in the twenty‐first century business school?”, British Journal of Management, Vol. 7 No. 4, pp. 309‐21.

Jack, S., Dodd, S.D. and Anderson, A.R. (2008), “Change and the development of entrepreneurial networks over time: a processual perspective”, Entrepreneurship & Regional Development, Vol. 20 No. 2, pp. 125‐59.

Jones, O. and Holt, R. (2008), “The creation and evolution of new business ventures: an activity theory perspective”, Journal of Small Business and Enterprise Development, Vol. 15 No. 1, pp. 51‐73.

Krueger, N.F. (2007), “The cognitive infrastructure of opportunity emergence”, in Cuervo, Á., Ribeiro, D. and Roig, S. (Eds), Entrepreneurship: Concepts, Theory and Perspective, Springer, Berlin, pp. 185‐206.

Lechner, C. and Dowling, M. (2003), “Firm networks: external relationships as sources for the growth and competitiveness of entrepreneurial firms”, Entrepreneurship & Regional Development, Vol. 15 No. 1, pp. 1‐26.

McGrath, R.G., MacMillan, I.C. and Venkatraman, S. (1995), “Defining and developing competence: A strategic process paradigm”, Strategic Management Journal, Vol. 16 No. 4, pp. 251‐75.

Moreno, J.D., Castillo, L.L. and Masere, E.D. (2007), “Influence of entrepreneur type, region and sector effects on business self‐confidence: empirical evidence from Argentine firms”, Entrepreneurship & Regional Development, Vol. 19 No. 1, pp. 25‐48.

Morrison, A. (2000), “Entrepreneurship: what triggers it?”, International Journal of Entrepreneurial Behaviour & Research, Vol. 6 No. 2, pp. 59‐71.

Naudé, W., Gries, T., Wood, E. and Meintjies, A. (2008), “Regional determinants of entrepreneurial startups in a developing country”, Entrepreneurship & Regional Development, Vol. 20 No. 2, pp. 111‐24.

Ostgaard, T.A. and Birley, S. (1996), “New venture and personal growth networks”, Journal of Business Research, Vol. 36, pp. 37‐50.

Pal, S. and Tripp, R. (2002), “India's seed industry reforms: prospects and issues”, Indian Journal of Agricultural Economics, Vol. 57.

Pistrui, D., Welsch, H.P., Wintermantel, O., Liao, J. and Pohl, H.J. (2000), “Entrepreneurial orientation and family forces in the new Germany: similarities and differences between East and West German entrepreneurs”, Family Business Review, Vol. 13 No. 3, pp. 251‐63.

Pouder, R. and St John, C.H. (1996), “Hot spots and blind spots: geographical clusters of firms and innovation”, Academy of Management Review, Vol. 21 No. 4, pp. 1192‐225.

Ravasi, D. and Turati, C. (2005), “Exploring entrepreneurial learning: a comparative study of technology development projects”, Journal of Business Venturing, Vol. 20 No. 1, pp. 137‐64.

Rotefoss, B. and Kolvereid, L. (2005), “Aspiring, nascent and fledgling entrepreneurs: an investigation of the business start‐up process”, Entrepreneurship & Regional Development, Vol. 17 No. 2, pp. 109‐27.

Shane, S. and Venkataraman, S. (2007), “The promise of entrepreneurship as a field of research”, in Cuervo, Á., Ribeiro, D. and Roig, S. (Eds), Entrepreneurship: Concepts, Theory and Perspective, Springer, Berlin, pp. 171‐84.

Sullivan, R. (2000), “Entrepreneurial learning and mentoring”, International Journal of Entrepreneurial Behaviour & Research, Vol. 6 No. 3, pp. 160‐75.

Timmons, J. (2003), New Venture Creation, 6th ed., McGraw‐Hill, New York, NY.

Van Geenhuizen, M. (2008), “Knowledge networks of young innovators in the urban economy: biotechnology as a case study”, Entrepreneurship & Regional Development, Vol. 20 No. 2, pp. 161‐83.

Witt, P. (2004), “Entrepreneurs' networks and the success of start‐ups”, Entrepreneurship & Regional Development, Vol. 16 No. 5, pp. 391‐412.

Yli‐Renko, H., Autio, E. and Tontti, V. (2002), “Social capital, knowledge, and the international growth of technology‐based new firms”, International Business Review, Vol. 11, pp. 279‐304.

Thông tin
Thông tin xuất bản

Emerald

Tập 17 Số 3

455-474

Thông tin tác giả