Evolution of the Concept „Risk” in Agriculture. From Theory to the Implementation of Risk Management in Agricultural Businesses
Evolution of the Concept „Risk” in Agriculture. From Theory to the Implementation of Risk Management in Agricultural Businesses

Summary/Abstract: Risk management is essential for ensuring the stability and sustainability of both agricultural enterprises and economic agents as a whole. The paper analyzes the evolution of the concept of risk in agriculture, highlighting the transition from a reactive to a proactive approach based on identification, assessment and control. The main risk management strategies are also presented, including the use of agricultural insurance instruments. The study is based on a review of the specialized literature and relevant research, emphasizing the importance of adopting effective practices to protect agricultural enterprises, but also for creating training programs for farmers so that they can move towards a digitalized agriculture that aims to ensure both socio-economic stability and the food needs of the global population.

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