From subsistence farming to agribusiness and nonfarm entrepreneurship: Does it improve economic conditions and well-being in Uganda?

Blackburn, Robert ORCID: 0000-0002-6488-0284, Saridakis, George, Georgellis, Yannis, Muñoz Torres, Rebeca and Mohammed, Anne-Marie (2021) From subsistence farming to agribusiness and nonfarm entrepreneurship: Does it improve economic conditions and well-being in Uganda? Journal of Business Research, 136. pp. 567-579.

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Abstract

To eradicate poverty, governments across developing countries have adopted programs to promote business ownership, with varying levels of success. The mixed success of such programs underscores the importance of local business and economic conditions. Yet, empirical evidence on how local context shapes outcomes of entrepreneurship-focused poverty initiatives is sparse. In this paper, we use data from the 2015 Smallholder Survey to examine the impact of farming as a business (agribusiness) and nonfarm entrepreneurship (NFE) on household income and economic well-being in Uganda. We find that, in comparison to subsistence farming, engaging in agribusiness and NFE boosts household income and economic well-being, especially in rural areas with high poverty rates. Our research contributes to the literature by offering new evidence on the efficacy of entrepreneurial initiatives in the specific context of a developing country with a large rural and agricultural economy. In terms of policy, our analysis provides support for the promotion of agribusiness and NFE initiatives to reduce poverty and overcome disparities between urban and rural settings.

Item Type:	Article
Uncontrolled Keywords:	Subsistence farming, Agribusiness, Nonfarm entrepreneurship, Well-being, Poverty
Divisions:	Faculty of Humanities and Social Sciences > School of Management
Depositing User:	Symplectic Admin
Date Deposited:	13 Sep 2021 07:58
Last Modified:	18 Sep 2023 16:50
DOI:	10.1016/j.jbusres.2021.07.037
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3136625

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• From subsistence farming to agribusiness and nonfarm entrepreneurship: Does it improve economic conditions and well-being? (deposited 02 Aug 2021 10:11)
  • From subsistence farming to agribusiness and nonfarm entrepreneurship: Does it improve economic conditions and well-being in Uganda? (deposited 13 Sep 2021 07:58) [Currently Displayed]