Property management of some agricultural companies in south great plain region

Horváth, József and Benkő-Kiss, Árpád: Property management of some agricultural companies in south great plain region. Review of faculty of engineering : analecta technica Szegedinensia 1-2. pp. 77-82. (2011)

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Abstract

As it is a well-known fact, the capital requirement of agriculture is high. In addition, its suitability for quick change of activity is significantly limited. The share of agriculture in total investment was remarkably smaller than its contribution to gross domestic product, especially in the nineties. According to a study of Central Statistical Office in 2008 the value of the cancelled investments approaches 129 million Euros from which almost 80% is the loss of the three dominantly agricultural regions (South Great Plain, North Great Plain, and South Transdanubia). Due to the cancelled developments the technical level of agricultural property did not improve significantly contributing to the decrease of the economic significance of the sector. Moreover, the usage of outdated machines and equipment reduces the competitiveness of agriculture. During the investigation 265 questionnaires were filled in mostly by large-scale agricultural companies in South Great Plain and some of them were interviewed as well. The examination of existing capacities and technologies showed that 60% of the firms have a medium-term plan and 70% of them have an investment plan. This is extremely positive, although most of the investments are based on loans and subsidies. This kind of attitude indicates a certain level of ability for taking risk. In most of the cases the examined investment means technology improvement as well, machinery and building investments were carried out characteristically from subsidies. Developing their own breeds and innovation are generally not typical in the sector, but according to our data their proportion has been increasing. It is interesting that there is not any significant difference between small-scale and largescale enterprises in connection with innovation activity that is smaller firms at least as innovative as bigger ones.

Item Type: Article
Journal or Publication Title: Review of faculty of engineering : analecta technica Szegedinensia
Date: 2011
Number: 1-2
Page Range: pp. 77-82
ISSN: 1788-6392
Language: angol
Uncontrolled Keywords: Agrártudomány
Additional Information: Bibliogr.: 82. p. ; összefoglalás angol nyelven
Date Deposited: 2016. Oct. 15. 12:24
Last Modified: 2019. Jan. 04. 12:29
URI: http://acta.bibl.u-szeged.hu/id/eprint/11879

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