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Determination Of Resilience Of Broilers Farmers
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The economic importance of the poultry-based
agribusiness sector, such as its contribution to gross domestic product
(GDP) or employment creation has been well recognised in research and
policy debates. More recently, positive social contributions of poultry
businesses have been explored. There is the growing body of evidence
recognising the potential role of poultry agribusiness sub-sector in
contributing to enhance the national economic diversification drive and
the overall national economic resilience against financial and non
financial factors.
However, the extent to which poultry agribusiness
can contribute to national economic development will depend on its
resilience to financial and non financial variables i.e coping with the
ever changing economic environment. It is important to investigate the
resilience status, resilience features and assess how well entrepreneurs
adopt features in shaping the resilience of poultry agribusinesses in
Delta state, Nigeria.
The study of Steiner and Cleary (2014) suggest
three domains that determine business resilience i.e context/location
domain, business specific/profile domain and entrepreneurial innovative
characteristics/risk taking domain. Location domain has to do with
either the business is located in an urban area or a rural area. Profile
domain depends on the type of business while the risk taking domain is
the ability of the entrepreneur to undertake risk by making use of new
innovations without considering the risk involve. These domains if well
investigated will strengthen the resilience status of the poultry
agribusiness sector against endogenous and exogenous factors.
Therefore,
resilience-enhancing activities in agribusiness sector such as the
development of social/human, technological/physical, financial/economic,
natural/environmental, and political assets can be used to deal with
stress or business shocks. This can only be justified through the
evaluation of the resilience status of poultry farms in Delta state,
Nigeria.
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ABSRACT - [ Total Page(s): 1 ]The contributions of the poultry farms to Nigerian economic development will depend on its resilience to distortions in the ever changing economic scenario.This study evaluates the resilience status of poultry (broiler) farms in Delta state, Nigeria. Well structured questionnaire was used to collect primary data from randomly selected 200 broiler farms in Delta central and Delta north agricultural zones. Descriptive statistics, multiple regression and broiler enterprise budget techniques ... Continue reading---