Agro-biotechnological innovation: evaluating decision making drivers in SMEs
by Alessandro Basile
International Journal of Management and Decision Making (IJMDM), Vol. 12, No. 1, 2012

Abstract: This paper investigates the decision-making process regarding the choice of using biotechnologies in agricultural SMEs as well as the implications about business management. Moving from the benchmark and trade-off of two types of production process (conventional and biotech), the topic will be discussed by using a business analysis perspective. In addition, an application based on the mathematical model of Kuhn-Tucker multipliers is presented. Empirical results, discourage the introduction of biotech productions, mainly because of size and governance mechanisms of the SMEs.

Online publication date: Sat, 15-Dec-2012

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