Streamlining Management in the Agri-Food Sector through Blockchain Technology
Streamlining Management in the Agri-Food Sector through Blockchain Technology
Author(s): Nelli Amarfii-RaileanSubject(s): Agriculture, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Center for Studies in European Integration, Academy of Economic Studies of Moldova
Keywords: Industry 4.0; blockchain technology; digital agriculture; agri-food sector; management efficiency;
Summary/Abstract: The article examines the evolution of the development of the entrepreneurial ecosystem of the Republic of Belarus in the context of the entrepreneurship support infrastructure. The article provides a literary review of the definition of «entrepreneurship support infrastructure» and determines the relationship with the development of the entrepreneurial ecosystem. The author’s definition of «entrepreneurship support infrastructure» is proposed. The evolution of development of entrepreneurship support centers and business incubators in Belarus is analyzed, various legislative acts of the Government of the Republic of Belarus and the President of the Republic of Belarus in this area are considered. The presented study of the Republic of Belarus is based on author’s long-term analysis of the entrepreneurship support infrastructure in the country, as well as the experience of assessing the effectiveness of individual organizations. It is noted that the entrepreneurship support infrastructure has several stages of development, which reflect global trends in its development.Industry 4.0, innovations and digital technologies in agricultural development are considered the main criteria meant to increase the efficiency of production activity in this branch and to propel economic development to a higher level. The researches in the area of Agriculture 4.0 alongside Industry 4.0 increasingly address digital technologies such as cloud, platform, robotics, artificial intelligence, Internet of things and blockchain to the sustainable development strategies and growth policies of many countries around the world. Sustainable development in agriculture through digitization involves the development of new management models based on information technologies to improve efficiency on farms, soil conservation and biodiversity by minimizing the negative impact on the environment, ensuring a stable level of production and profit. The present research aims to investigate the notion of blockchain technology and capitalize on this technology to streamline the management in the agricultural sector. The paper is a study of international experience and good practices of digital technologies tenders in the agri-food sector.
Journal: Eastern European Journal for Regional Studies (EEJRS)
- Issue Year: 6/2020
- Issue No: 2
- Page Range: 92-107
- Page Count: 16
- Language: English