This research delves into the underlying impacts of farmers' innovative entrepreneurship on agricultural and rural economic development in China, adopting a dynamic and spatio-temporal perspective. The study utilizes panel data encompassing 30 provinces (cities and autonomous regions) from 2015 to 2020, with a systematic consideration of diversified spatial weight matrices.
The United Nations predicts that we need to increase food production globally by 70 percent to feed 9.6 billion people by 2050. But at the same time, given the climate crisis, we need to significantly reduce the use of energy, water, and land needed to produce food and lower its carbon footprint. In other words, we must figure out how to produce and distribute more food using fewer resources and emissions. We must learn to do farming better with less.
India's smallholding farmers face significant challenges. They struggle with erratic weather and the impacts of climate change, pest infestations, and declining yields. Financially constrained, many are trapped by high-interest loans from local lenders. Post-harvest, issues such as crop wastage, logistics, and market access can add their troubles, with up to 40 percent of produce lost. Market fluctuations and the inability to meet quality standards further exacerbate their struggles.