Title: Innovation and social responsibility in food ingredients market

Authors: Luigi Bollani; Anna Claudia Pellicelli; Stefaan Van Dyck

Addresses: Department ESOMAS (Economic, Social, Mathematical and Statistical Sciences), School of Management and Economics (SME), University of Turin, Turin, Italy ' Department of Management, School of Management and Economics (SME), University of Turin, Turin, Italy ' Kemin Industries BVBA, Herentals, Belgium

Abstract: This paper deals with food ingredients market. It describes some international characteristics and trends focusing on the importance of innovation to assure continuity to the business preserving the respect of environment. Particularly the social responsibility of the market companies may produce improvements in B2C, but also in B2B channels. An entrepreneurial vision is presented as a necessary link with theoretical backgrounds. An empirical analysis is also introduced to validate some conclusions.

Keywords: food ingredients market; innovation; risk aversion; social responsibility; consumer behaviour; empirical survey; multivariate statistical analysis.

DOI: 10.1504/GBER.2018.094445

Global Business and Economics Review, 2018 Vol.20 No.5/6, pp.573 - 581

Received: 04 Mar 2017
Accepted: 27 May 2017
Published online: 03 Sep 2018 *

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