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Investment in Farms with Various Directions of Production Development Cover

Investment in Farms with Various Directions of Production Development

Open Access
|Dec 2023

Abstract

Subject and purpose of work

The subject of the study was investments in farms with various directions of production development. The aim of the study was to identify the scope of pro-development investments and the most important determinants of their implementation in farms located in the area of the Warmińsko-Mazurskie Voivodeship.

Materials and methods

A questionnaire survey was used as a research tool to determine the opinion of the surveyed farmers with regard to planned investments related to farm development among other things. In 2022, information was obtained from 433 farms.

Results

Respondents planning to develop conventional production, production based on the principles of precision agriculture and production of energy crops most often considered the purchase of machinery and equipment. Farms oriented towards organic production more clearly emphasised investments in agricultural land and in commercial infrastructure.

Conclusions

Institutional measures aimed at supporting investment processes on farms in a rational manner, should be even more strongly oriented towards increasing the possibilities of external financing and advisory support for better adjustment of investments to the planned direction of development of a particular entity, as well as ensuring administrative facilitations favouring simplification of the investment process.

DOI: https://doi.org/10.2478/ers-2023-0041 | Journal eISSN: 2451-182X | Journal ISSN: 2083-3725
Language: English
Page range: 676 - 693
Submitted on: Oct 1, 2023
Accepted on: Nov 1, 2023
Published on: Dec 31, 2023
Published by: John Paul II University of Applied Sciences
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2023 Zbigniew Nasalski, Małgorzata Juchniewicz, published by John Paul II University of Applied Sciences
This work is licensed under the Creative Commons Attribution 4.0 License.