Economic Development Through the Implementation of a Strategy of Linked and Unrelated Diversification in Agriculture in the North-East Planning Region
Economic Development Through the Implementation of a Strategy of Linked and Unrelated Diversification in Agriculture in the North-East Planning Region

Author(s): Gergana Slavova
Subject(s): Economy, Agriculture
Published by: Институт за икономически изследвания при Българска академия на науките
Summary/Abstract: In recent years, there has been considerable uncertainty in the economic, political, and social business environment. Therefore, in order to be adaptive, agricultural companies in the northeastern planning region are faced with the opportunity to implement various strategies for survival, development, and growth. Some of the most suitable strategies for them are related and unrelated diversification strategies. The main objective of this scientific study is to identify the different types of diversification strategies that farmers in the NEP can apply. To this end, an empirical study was conducted covering large and medium-sized producers in the region of Northeastern Bulgaria. The methods used are: comparative and empirical methods, the interview method, methods of deduction, induction, and extrapolation. The results obtained in the study, the conclusions and recommendations are useful both for people working in the agricultural sector and for the scientific community and managers of agricultural companies.

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