The effect of ICT use on the profitability of young agripreneurs in Malawi

The agricultural sector’s significant position in an economy and high potential benefits of agricultural transformation give developing countries major opportunities, especially for youth, to commercially start an agricultural enterprise. Increasing youth engagement in agriculture is fundamental for...

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Detalles Bibliográficos
Autores principales: Jolex, Aubrey, Tufa, Adane
Formato: Journal Article
Lenguaje:Inglés
Publicado: MDPI 2022
Materias:
Acceso en línea:https://hdl.handle.net/10568/141163
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author Jolex, Aubrey
Tufa, Adane
author_browse Jolex, Aubrey
Tufa, Adane
author_facet Jolex, Aubrey
Tufa, Adane
author_sort Jolex, Aubrey
collection Repository of Agricultural Research Outputs (CGSpace)
description The agricultural sector’s significant position in an economy and high potential benefits of agricultural transformation give developing countries major opportunities, especially for youth, to commercially start an agricultural enterprise. Increasing youth engagement in agriculture is fundamental for sustainably transforming agriculture and reducing youth unemployment. In achieving this, information and communication technologies hold great potential. Harnessing youth agribusiness opportunities through the use of ICT and its innovations are key to increasing profitability and providing employment. The study assesses the effect of the intensity of ICT use on profit using data collected from 317 young agripreneurs and an ordered logit model. The results show that profitability increases with the number of ICT tools used to receive and disseminate information relevant to agribusinesses. Therefore, relevant stakeholders should strive towards the implementation of programs that increase the number of ICT tools that can be used in agribusinesses.
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spelling CGSpace1411632025-12-08T10:29:22Z The effect of ICT use on the profitability of young agripreneurs in Malawi Jolex, Aubrey Tufa, Adane profitability models youth employment entrepreneurs technology agriculture information and communication technologies The agricultural sector’s significant position in an economy and high potential benefits of agricultural transformation give developing countries major opportunities, especially for youth, to commercially start an agricultural enterprise. Increasing youth engagement in agriculture is fundamental for sustainably transforming agriculture and reducing youth unemployment. In achieving this, information and communication technologies hold great potential. Harnessing youth agribusiness opportunities through the use of ICT and its innovations are key to increasing profitability and providing employment. The study assesses the effect of the intensity of ICT use on profit using data collected from 317 young agripreneurs and an ordered logit model. The results show that profitability increases with the number of ICT tools used to receive and disseminate information relevant to agribusinesses. Therefore, relevant stakeholders should strive towards the implementation of programs that increase the number of ICT tools that can be used in agribusinesses. 2022-02-22 2024-04-12T13:37:23Z 2024-04-12T13:37:23Z Journal Article https://hdl.handle.net/10568/141163 en Open Access MDPI Jolex, Aubrey; and Tufa, Adane. 2022. The effect of ICT use on the profitability of young agripreneurs in Malawi. Sustainability 14(5): 2536. https://doi.org/10.3390/su14052536
spellingShingle profitability
models
youth employment
entrepreneurs
technology
agriculture
information and communication technologies
Jolex, Aubrey
Tufa, Adane
The effect of ICT use on the profitability of young agripreneurs in Malawi
title The effect of ICT use on the profitability of young agripreneurs in Malawi
title_full The effect of ICT use on the profitability of young agripreneurs in Malawi
title_fullStr The effect of ICT use on the profitability of young agripreneurs in Malawi
title_full_unstemmed The effect of ICT use on the profitability of young agripreneurs in Malawi
title_short The effect of ICT use on the profitability of young agripreneurs in Malawi
title_sort effect of ict use on the profitability of young agripreneurs in malawi
topic profitability
models
youth employment
entrepreneurs
technology
agriculture
information and communication technologies
url https://hdl.handle.net/10568/141163
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