Innovation risk in agricultural production
Journal Title: Аграрна економіка - Year 2014, Vol 7, Issue 3
Abstract
A constant implementation of new solutions is inevitable at the present stage of economic development. This also applies to agricultural production, where innovation may relate to products, cultivation technologies, processing, and marketing activities. At the same time the environmental awareness of customers increases, which calls for producing ecological products with the application of environmentally-friendly processes. These issues are reflected in the documents of the International Organization for Standardization in ISO 1400. The study emphasizes the need for risk management in the agricultural production process, as it is in industrial processes, and the use of the LCA (Life Cycle Assessment) methodology for assessing the environmental impact. The comprehensive nature of the LCA methodology allows us to determine how to manage resources effectively, both in terms of ecology and economics. It also makes it possible to identify and prioritize environmental risks relating to a particular product or process in all its phases of the life cycle, which has a significant impact on risk management.
Authors and Affiliations
Bożena Kaczmarska
Keywords
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