Entrepreneurial behaviour in agri-food supply chains: The role of supply chain partners

Abstract

Technological innovation, globalization and market segmentation have led to increasingly complex agri-food supply chains and networks. At the same time, they have also created opportunities for entrepreneurial firms to create new wealth. The objective of this study is to investigate the differences in entrepreneurial performance between firms that discover and exploit new wealth creation opportunities within existing supply chains as opposed to those that decide to establish the supply chain themselves. Using agent-based simulation, this study finds that agents that link with existing supply chains outperform those that do not both in terms of survival and wealth creation per firm. It also finds, however, that the presence of existing supply chains has positive effects for non-linked entrepreneurial firms as well.