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Economics of the Food Processing Industry : Lessons from Bihar, India / by Debdatta Saha
(Themes in Economics, Theory, Empirics, and Policy. ISSN:27305600)

Publisher	(Singapore : Springer Nature Singapore : Imprint: Springer)
Year	2020
Edition	1st ed. 2020.
Authors	*Saha, Debdatta author SpringerLink (Online service)

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00186203		Springer Economics and Finance eBooks (電子ブック)	9789811385544

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Material Type	E-Book
Media type	機械可読データファイル
Size	XVI, 262 p. 30 illus., 14 illus. in color : online resource
Notes	Introduction -- Chapter-1: Sub-sectoral snapshots -- Chapter-2: Entrepreneurial Risk Perceptions -- Chapter-3: Policy Analysis -- Chapter-4: Brand Bihar in Food Processing -- Bibliography This book presents a wealth of perspectives on studying the manufacturing end of food processing industries, with a special focus on regions with a low industrial base and multiple missing markets, institutional finance being the most prominent example. Positioning food processing within the industrial ecosystem, which includes entrepreneurs, policymakers, business consultants and associations, the study first considers three different trajectories: for developed economies, for national territories like India, and for sub-national regions like Bihar. In turn, it shows how these trajectories intertwine in two dimensions: the region and the sub-sector. Successfully completing food-processing projects in any of these trajectories requires the identification and development of appropriate product networks that link basic processed items with advanced ones through a chain of value addition. Moreover, the supply-side narrative presented here identifies two types of costs: physical and non-physical costs of operation. For trajectories with skewed firm sizes (“missing middle”) and missing markets, which can be found in Bihar, the latter costs matter just as much as the former in terms of entrepreneurship. While efficiency in operations is studied for selected sub-sectors in Bihar’s food processing to assess the main sources of inefficiency in minimizing the physical costs of operations, non-physical costs are studied using the construct of region-based counterfactual thinking (rCFT) and its relationship with the perception of risk for entrepreneurs. rCFT offers a new concept for understanding the mindset of the entrepreneur, in which the regional identity plays a significant role. The empirical content is based on a primary survey of food processing in Bihar. Additional policy questions, such as the choice between spatial collocation of food parks or cluster-based development of unique sub-sectors, are explored through an analysis of the policy network that supports entrepreneurship. Issues arising from the government’s policy choices, particularly vertically targeted industrial policies, can influence industrial outcomes and are particularly relevant for regions like Bihar. While policy evaluation for Bihar’s processed food industry yields insights on policy targeting for decision-makers in the government, examples of parallel narratives from global experiences in comparable regions shed new light on industrial development in processed food, which should be of interest to business practitioners, academic researchers and policymakers alike HTTP:URL=https://doi.org/10.1007/978-981-13-8554-4
Subjects	LCSH:Agriculture—Economic aspects LCSH:Industrial organization LCSH:Food science LCSH:Entrepreneurship LCSH:New business enterprises FREE:Agricultural Economics FREE:Industrial Organization FREE:Food Science FREE:Entrepreneurship
Classification	LCC:S401 LCC:HD1401-2210 DC23:338.1
ID	8000066165
ISBN	9789811385544