Promoting Entrepreneurship in the Agri-Food Industry: Policy Insights from a Pan-European Public–Private Consortium

Abstract

Despite the importance of entrepreneurship as an engine for socio-economic growth, few attempts have been made to study how and to what extent industry-specific policies can sustain it. In particular, to date, there is only anecdotal evidence on which factors policymakers can utilize to foster entrepreneurship within the agri-food sector. In this paper, we attempt to fill this gap by developing, testing, and validating a multi-item scale, identifying five factors (i.e., people, money, network, technology, infrastructure) and sixteen specific tools (i.e., items) to be leveraged in promoting entrepreneurship within the agri-food industry. We carry out our study in the context of Foodbest, a pan-European public–private consortium created in 2012 to support entrepreneurship and innovation in the agri-food sector. By testing for differences in perceptions of factors’ and tools’ effectiveness, we find variations according to respondents’ organizational and country affiliation. We thus offer new insights into how public policy and public–private consortiums can proactively promote entrepreneurship in the agri-food domain.

Keywords: agri-food; entrepreneurship; public policy; public–private consortium; scale development; factor analysis.

JEL Classification: M31