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Farmers' motives for diversifying their farm business – The influence of family
Abstract This study examined the motives underlying decisions by farmers to start new ventures outside conventional agriculture and assessed the importance of the farm family situation in formulating these motives. The study was based on quantitative data obtained from 309 Swedish farmers who self-reported that they ran other ventures in addition to their agricultural production enterprises. Factor analysis revealed a structure with two underlying motives for starting a venture outside conventional agriculture, namely ‘business development for reasons to reduce risk and to use idle resources’ and ‘business development for social and lifestyle reasons’. The factor scores obtained were related to measures of involvement of the farmer's spouse in planning and managing the new venture and the importance of family considerations at a more general level. The results showed that the motives for starting new ventures were dependent on the situation of the farm family, but that the two groups of indicators identified influenced these motives in opposite ways. These findings are of obvious interest for rural development policy makers.
Highlights We study how farmers' motives for diversifying depend on the farm family situation. Two motives for diversification were identified. Family indicators are statistically significantly related to motives. Family indicators influence motives in opposite ways.
Farmers' motives for diversifying their farm business – The influence of family
Abstract This study examined the motives underlying decisions by farmers to start new ventures outside conventional agriculture and assessed the importance of the farm family situation in formulating these motives. The study was based on quantitative data obtained from 309 Swedish farmers who self-reported that they ran other ventures in addition to their agricultural production enterprises. Factor analysis revealed a structure with two underlying motives for starting a venture outside conventional agriculture, namely ‘business development for reasons to reduce risk and to use idle resources’ and ‘business development for social and lifestyle reasons’. The factor scores obtained were related to measures of involvement of the farmer's spouse in planning and managing the new venture and the importance of family considerations at a more general level. The results showed that the motives for starting new ventures were dependent on the situation of the farm family, but that the two groups of indicators identified influenced these motives in opposite ways. These findings are of obvious interest for rural development policy makers.
Highlights We study how farmers' motives for diversifying depend on the farm family situation. Two motives for diversification were identified. Family indicators are statistically significantly related to motives. Family indicators influence motives in opposite ways.
Farmers' motives for diversifying their farm business – The influence of family
Hansson, Helena (author) / Ferguson, Richard (author) / Olofsson, Christer (author) / Rantamäki-Lahtinen, Leena (author)
Journal of Rural Studies ; 32 ; 240-250
2013-01-01
11 pages
Article (Journal)
Electronic Resource
English
Farmers' motives for diversifying their farm business – The influence of family
Online Contents | 2013
|Increases business by diversifying
Engineering Index Backfile | 1942
|British Library Online Contents | 2000
|