Nowadays it seems to be imperative for smart farms to go downstream in the Supply Chain (SC) to supplement the revenues of their underlying product sales. Using the well-structured database of Eurostat Supply tables for EU-27, this study intends to verify what products the Agricultural sector is offering beyond its core business activity to diversify its portfolio. The findings demonstrate that Agriculture is going downstream in the SC, predominantly moving towards its traditional activities: food processing, agro-tourism, and recreation. Green energy is the newcomer. Smart farmers should innovate in the mainstream of their secondary activities, using the leverage of lucrative activities and rethinking their vertical integration.
Does Smart Agriculture Go Downstream in the Supply Chain?
CHANG, Ting Fa Margherita;DROLI, MAURIZIO;ISEPPI, Luca
2014-01-01
Abstract
Nowadays it seems to be imperative for smart farms to go downstream in the Supply Chain (SC) to supplement the revenues of their underlying product sales. Using the well-structured database of Eurostat Supply tables for EU-27, this study intends to verify what products the Agricultural sector is offering beyond its core business activity to diversify its portfolio. The findings demonstrate that Agriculture is going downstream in the SC, predominantly moving towards its traditional activities: food processing, agro-tourism, and recreation. Green energy is the newcomer. Smart farmers should innovate in the mainstream of their secondary activities, using the leverage of lucrative activities and rethinking their vertical integration.File | Dimensione | Formato | |
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