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Competitive strategies among Ontario farms marketing direct to consumers.

Authors :
Micheels, Eric
Boecker, Andreas
Source :
Agricultural & Food Economics; 5/23/2017, Vol. 5 Issue 1, p1-23, 23p
Publication Year :
2017

Abstract

This paper examines the importance of two resources, namely a market orientation and an entrepreneurial orientation, in new product development and satisfaction with firm performance among direct and alternative marketers. Using a partial least squares structural equation model and data from a 2013 survey, this paper models the effect of a market orientation and entrepreneurial orientation on satisfaction with current performance and expected future performance for agricultural firms in Ontario, Canada. Our results show that a market orientation and entrepreneurial orientation are important factors in determining rates of product and marketing innovations among farm-based agribusinesses. These findings further demonstrate that a market orientation is a powerful resource as it enables firms to become aware of opportunities to provide superior value for consumers, especially when operating in non-traditional markets. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
21937532
Volume :
5
Issue :
1
Database :
Complementary Index
Journal :
Agricultural & Food Economics
Publication Type :
Academic Journal
Accession number :
123191354
Full Text :
https://doi.org/10.1186/s40100-017-0079-8