The nature of agroparks: synergy versus risk

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

An ideal agropark is envisaged as a planned agribusiness system in which all activities are geared towards sustainable development based on the principles of industrial ecology. The agropark concept offers in theory a variety of economic advantages as well as environmental benefits. The implementation of the concept, however, has encountered many challenges. This paper introduced an analytical framework for evaluating the synergy and risk of agroparks. The analysis brought into prominence the impact of institutional arrangements on the success or failure of agropark formation. An overview of the risks related to the agropark concept was provided. It was concluded that the key to successful formation and operation of the an agropark is the choice of proper institutional arrangements that create high incentives to cooperate and incur low institution cost
Original languageEnglish
Pages (from-to)509-523
JournalAgribusiness
Volume27
Issue number4
DOIs
Publication statusPublished - 2011

Fingerprint

synergy
industrial ecology
agroindustry
agribusiness
analytical framework
Conservation of Natural Resources
Ecology
sustainable development
ecosystem services
Motivation
incentive
Economics
Costs and Cost Analysis
economics
ecology
cost
costs
Synergy
Institutional arrangements
analysis

Keywords

  • transactions
  • embeddedness
  • organization

Cite this

@article{82a4e152095849b984beab5df208024f,
title = "The nature of agroparks: synergy versus risk",
abstract = "An ideal agropark is envisaged as a planned agribusiness system in which all activities are geared towards sustainable development based on the principles of industrial ecology. The agropark concept offers in theory a variety of economic advantages as well as environmental benefits. The implementation of the concept, however, has encountered many challenges. This paper introduced an analytical framework for evaluating the synergy and risk of agroparks. The analysis brought into prominence the impact of institutional arrangements on the success or failure of agropark formation. An overview of the risks related to the agropark concept was provided. It was concluded that the key to successful formation and operation of the an agropark is the choice of proper institutional arrangements that create high incentives to cooperate and incur low institution cost",
keywords = "transactions, embeddedness, organization",
author = "L. Ge and {van Galen}, M.A. and {van Asseldonk}, M.A.P.M. and J.A.A.M. Verstegen and M.N.A. Ruijs and O. Hietbrink and P. Smeets and {van Mansfeld}, M.J.M. and A.E. Simons",
year = "2011",
doi = "10.1002/agr.20282",
language = "English",
volume = "27",
pages = "509--523",
journal = "Agribusiness",
issn = "0742-4477",
publisher = "Wiley",
number = "4",

}

The nature of agroparks: synergy versus risk. / Ge, L.; van Galen, M.A.; van Asseldonk, M.A.P.M.; Verstegen, J.A.A.M.; Ruijs, M.N.A.; Hietbrink, O.; Smeets, P.; van Mansfeld, M.J.M.; Simons, A.E.

In: Agribusiness, Vol. 27, No. 4, 2011, p. 509-523.

Research output: Contribution to journalArticleAcademicpeer-review

TY - JOUR

T1 - The nature of agroparks: synergy versus risk

AU - Ge, L.

AU - van Galen, M.A.

AU - van Asseldonk, M.A.P.M.

AU - Verstegen, J.A.A.M.

AU - Ruijs, M.N.A.

AU - Hietbrink, O.

AU - Smeets, P.

AU - van Mansfeld, M.J.M.

AU - Simons, A.E.

PY - 2011

Y1 - 2011

N2 - An ideal agropark is envisaged as a planned agribusiness system in which all activities are geared towards sustainable development based on the principles of industrial ecology. The agropark concept offers in theory a variety of economic advantages as well as environmental benefits. The implementation of the concept, however, has encountered many challenges. This paper introduced an analytical framework for evaluating the synergy and risk of agroparks. The analysis brought into prominence the impact of institutional arrangements on the success or failure of agropark formation. An overview of the risks related to the agropark concept was provided. It was concluded that the key to successful formation and operation of the an agropark is the choice of proper institutional arrangements that create high incentives to cooperate and incur low institution cost

AB - An ideal agropark is envisaged as a planned agribusiness system in which all activities are geared towards sustainable development based on the principles of industrial ecology. The agropark concept offers in theory a variety of economic advantages as well as environmental benefits. The implementation of the concept, however, has encountered many challenges. This paper introduced an analytical framework for evaluating the synergy and risk of agroparks. The analysis brought into prominence the impact of institutional arrangements on the success or failure of agropark formation. An overview of the risks related to the agropark concept was provided. It was concluded that the key to successful formation and operation of the an agropark is the choice of proper institutional arrangements that create high incentives to cooperate and incur low institution cost

KW - transactions

KW - embeddedness

KW - organization

U2 - 10.1002/agr.20282

DO - 10.1002/agr.20282

M3 - Article

VL - 27

SP - 509

EP - 523

JO - Agribusiness

JF - Agribusiness

SN - 0742-4477

IS - 4

ER -