We have two farmers. They work in a coop mode which they set up to take a loan to buy the equipment needed for their farming needs: tractor, harvester etc. They share the bank loan yearly rates and the machinery equally.
In year X, they obtained the same production and sold it at an almost similar price. Thus they had the money to pay their part of the bank rate.
In year Y, Farmer 1 obtained a high production which he sold at the price from year X. Farmer 2 obtained a smaller production which he sold at a lower price than that from year X. Thus, only Farmer 1 has the money to pay its part of the bank rate. They are faced with the following solutions. Find the solution
I’m introducing a new category, that of “academia“. I’m publishing my scientific articles from the last 5 years. The first one is an article on “rurbanization” or the urbanization of rural communities (and backward). It was among the first articles I wrote during my PhD studies so don’t be too harsh.
“The interactions that occur between urban and rural can realize a strict separation of these two areas, their populations and their activities here. This is being reflected in the division of policies on spatial and sectoral criteria, urban planners usually concentrating on the importance of urban centers as commerce and transportation nods in the regional policy giving little attention to agricultural or rural-led development. The research on these things has taken into consideration the following indicators: aging indicator, average number of rural inhabitants, active occupied population, infant mortality, the average index of poverty and others.“READ MORE
The image of the person willing to start a business in the rural environment appears idealistic, the rural entrepreneur being considered “independent, capable of taking chances, results-oriented, optimistic, confident in their powers, hardworking and innovative”. Also, it was noted that rural entrepreneurship should be clearly focused on creating new workplaces by implementing investments in rural communities.
In essence, rural entrepreneurship represents that type of entrepreneurship that is able to offer added value to all type of rural resources (natural, material, financial,human) in rural areas rendering in this process mainly rural-based human resources.
Local development strategies have long been a reason for argument because they are developed through outdated methods and procedures that might not show the present situation.
The realization and implementation of the local development strategy in an organized and continuous manner, based on a well realized model, can lead, in a time horizon of 10 years to a rural space development that can be quantified through removing development disparities. READ MORE HERE
The entrepreneurship is a dynamic process in which new companies emerge, present companies grow and those unsuccessful disappear. This represent the main characteristic of the entrepreneurship followed by innovation where new products and services and new production methods are introduced by companies that have identified new market opportunities or better ways of satisfying current demands.
This is best shown in rural entrepreneurship where it is crucial for a business to be consumer oriented and have a clear market. A third characteristic of (rural) entrepreneurship is that of small business that tend of identifying with their owners. READ MORE HERE