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2. Digital marketplace and FinTech to Support Agriculture Sustainability
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Anshari, Muhammad (author), Almunawar, Mohammad Nabil (author), Masri, Masairol (author), and Hamdan, Mahani (author)
- Format:
- Conference paper
- Publication Date:
- 2019-01
- Published:
- Elsevier
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 102 Document Number: D10906
- Journal Title:
- Energy Procedia
- Journal Title Details:
- 156: 234-238
- Notes:
- 5 pages., 2018 5th International Conference on Power and Energy Systems Engineering, CPESE 2018, 19–21 September 2018, Nagoya, Japan, via online journal., Agriculture plays an important in providing food security and sustainability for the people in any country. However, lack of funding and limited distribution channels to reach customers are frequent problems faced by farmers to meet the level of sustainability. Agriculture’s sustainability can be strengthened by allowing an innovation of services such as Financial Technology (FinTech), and digital marketplace. Digital marketplace with Fintech enabled might transform agriculture’s business process into more sustainable in term of funding and distribution. FinTech offers farmers convenient ways of getting sources of funding through crowdfunding and digital payment system. Thus, digital marketplace can act as a platform for FinTech to integrate the innovative financial solution into broader agriculture’s ecosystem. The study proposes a modelling digital marketplace with FinTech enabled especially crowdfunding and payment system in order to support agriculture’s sustainability. The model connects all actors (farmers, landowners, investors, and consumers) into a platform that can promote transparency, empowerment, resourcefulness, and public engagement in agriculture.
3. Exploring digitalization and sustainable practices in African agribusinesses and food supply chains: a literature review
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Abban,Rita (author) and Abebe, Gumataw Kifle (author)
- Format:
- Research
- Publication Date:
- 2022-08-01
- Published:
- Germany: CENTMA Research
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 205 Document Number: D12700
- Journal Title:
- International Journal on Food System Dynamics
- Journal Title Details:
- Vol. 13, N.4
- Notes:
- 5pgs, The Covid-19 pandemic, global trends, and technological advancements lead to the perception that digitalization is about the most sustainable means of growing Africa’s agribusiness and food supply chains. Many global agribusinesses have successfully integrated digital technologies to enhance operational efficiencies and business relations with their upstream and downstream actors. However, evidence is scant on the uptake of digital technologies among small and medium agribusiness firms in sub-Saharan Africa (SSA). Against this backdrop, this review paper identifies research gaps regarding the adoption and implication of digitalization in building sustainable food systems for African economies. Our preliminary finds show some sustainable practices in the SSA food supply chains by adopting specific technologies related to production, grain storage, food waste management, and warehouse management but very low adoption of food processing technologies and digital marketing platforms. Most importantly, the application of the Internet of Things, Big data, Artificial Intelligence, Blockchain and/or Business Analytics is very rare. Most of the digitalization process tends to be mobile-based.
4. Information and communication technology in agribusiness: A study of mobile applications in perspective of India
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Gupta, Chandan (author), Gupta, Manu (author), Joshi, Pradeep (author), and Kumar, Ajendra (author)
- Format:
- Journal article
- Publication Date:
- 2021-06-15
- Published:
- International: Applied and Natural Science Foundation
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 204 Document Number: D12385
- Journal Title:
- Journal of Applied & Natural Science
- Journal Title Details:
- Vol. 13(2)
- Notes:
- 9 pages, Federation of Indian Chambers of Commerce and Industry in one of its finding in 2019 stated that about 58% Indians are dependent on agriculture and agriculture sector make about 15.96 % of India’s GDP. To get the best agriculture inputs and best harvest price is the big question for Indian farmers; thus, we can say that “Agriculture is the foundation of the Indian economy”. With the origin of Mobile Applications (m-apps) for agriculture and a huge dependency on Information and Communication Technology (ICT) in agribusiness, the scenario in rural India has been changing rapidly. Since India’s economy depends mainly on agriculture, there is a lot of potential for Information and Communication Technology and mobile applications for agribusiness and its marketing. With growing smartphones with m-apps penetration in rural India, the agribusiness in rural belts of India is set for extension and further digitalization to revolutionize the agriculture sector. In recent years, nearly all Indian farmers possess a mobile, and 50%are smartphones with internet connections. With Government's new legislative policy changes as the Digital India programme, mobile applications in India's rural belt cannot remain isolated. Digital India will connect rural Indians farmers worldwide through the internet and mobile applications and provide them with all necessary upliftment in agribusiness in India. This study has focused on the ICT and m-applications used in farming today and how they have changed agribusiness by providing a digital platform and with their impact on agribusiness.
5. The digital divide: Implications for agribusiness and entrepreneurship. Lessons from Wales
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Bowen, Robert (author) and Morris, Wyn (author)
- Format:
- Online journal article
- Publication Date:
- 2019-12
- Published:
- Elsevier
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 148 Document Number: D11591
- Journal Title:
- Journal of Rural Studies
- Journal Title Details:
- 72:75-84
- Notes:
- 10 pages., via online journal., This paper investigates the impact of broadband access on agribusiness in rural Wales and the resulting implications on entrepreneurial activity. Despite attempts by Government and telecommunications providers to develop widespread broadband coverage in Wales, concerns remain in relation to an increasing digital divide between urban and rural locations. Broadband is a key enabling technology therefore connectivity is significant, not only in communication, but also in the ability for businesses to innovate and grow. Wales is a predominantly rural country with 84% of the total land area in Wales being used for agriculture (Welsh Government, 2013). The food and farming sector represents a significant part of the Welsh economy, and is dominated by small businesses. Connectivity and increased use of technology are vital for these businesses to overcome location constraints and various industrial challenges, notably Brexit. The research uses survey data from 738 farmers and 107 food SMEs in Wales, with 19 follow-up semi-structured interviews. The survey results highlight issues of technology adoption, with 19% of farmers in the survey having no access to broadband internet, with others reporting the speed of connection being a limiting factor. The consequences of poor connectivity point to limited computer skills and low levels of soft technology adoption, a lack of engagement with social media, limited scope for innovation and restricted business growth, with 55.1% of food respondents identifying poor broadband access as a barrier to internationalisation. This has led to agrifood businesses adopting a passive approach to growth opportunities. The findings suggest that rural areas remain at a disadvantage due to poor connectivity, an issue that must be tackled by the Welsh Government to readdress the balance in the economy and limit a brain drain of skilled people moving to urban areas, often outside Wales. Support for such businesses is vital, particularly given the pressures and uncertainty in the industry, as broadband access represents an important enabler for future innovation and entrepreneurial activity