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.

Published in

Journal of Rural Studies
2013, Volume: 32, pages: 240-250

SLU Authors

• Hansson, Helena

  • Department of Economics, Swedish University of Agricultural Sciences
    

• Ferguson, Richard

  • Department of Economics, Swedish University of Agricultural Sciences
    

• Olofsson, Christer

  • Department of Economics, Swedish University of Agricultural Sciences
    

Sustainable Development Goals

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all


UKÄ Subject classification

Business Administration


Publication identifier

DOI: https://doi.org/10.1016/j.jrurstud.2013.07.002

Permanent link to this page (URI)

https://res.slu.se/id/publ/44459