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Agribusiness Technology Transfer and Innovation as a Catalyst for Food Security in Developing Countries: Case of Kenya
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Author(s): Samwel Macharia Chege (University of Science and Technology Beijing, Beijing, China)and Daoping Wang (University of Science and Technology Beijing, Beijing, China)
Copyright: 2021
Pages: 22
Source title:
Opportunities and Strategic Use of Agribusiness Information Systems
Source Author(s)/Editor(s): Ferdinand Ndifor Che (W3-Research, USA & APPC Research, Australia), Kenneth David Strang (W3-Research, USA & APPC Research, Australia)and Narasimha Rao Vajjhala (University of New York Tirana, Albania)
DOI: 10.4018/978-1-7998-4849-3.ch011
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Abstract
This study assesses the influence of agribusinesses technology transfer and innovation in developing countries, Kenya. The study used a sample framework of 300 enterprises and structural equation modeling for content analysis. The findings show that innovation and technology transfer have a positive impact on firm performance and rural development. However, the lack of effective agribusiness technology transfer from R&D institutions to the industry is the main challenge facing agribusiness performance and rural development in developing countries. Thus, the need for financial support for research and development institutes that would promote the linkages between the innovators and the agribusiness enterprises in rural areas. The study recommends that to encourage innovation and technology adoption across business sectors, a suitable policy linking agribusiness enterprises with R&D institutions is critical in promoting innovation transfer from these institutions.
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