Many past studies into the diffusion of business innovation in the farming community focused on factors associated with the act of adoption. This study attempts to promote the diffusion of computer-based management innovation by gaining a clearer understanding of the evolution of farm management information systems (FMIS). Characteristics of farm businesses, their FMIS, and the factors related ...

Stochastic budgeting is used to simulate the business and financial risk and the performance over a six-year planning horizon on a Norwegian dairy farm. A major difficulty with stochastic whole-farm budgeting lies in identifying and measuring dependency relationships between stochastic variables. Some methods to account for these stochastic dependencies are illustrated. The financial feasibilit...

The extent to which people are willing to take on risk, i.e. their risk preferences as well as subjective risk perception plays a major role in explaining their behavior. This is of particular relevance in agricultural production, which is inherently risky. The data presented here was collected amongst a total of 64 German farmers in 2015. It includes results of three different risk preference ...

Introduction Choosing machinery and land investments are two of the most difficult decisions faced by farm managers. Since both machinery and land are typically the most valuable assets to the farm, the ability of the farm manager to properly select equipment and plan for land expansion is imperative for financial success of the business. When selecting machinery, land area is an important fact...

Grazing businesses with a proportion of native grassland may face the choice of reassigning the rights to use an area of native grassland to the public. In analysing this choice it is important to establish the future situation of the farm business with and without the area of land in question, including the possibility of further development of production capacity on other areas of the farm. T...

We present the Social Farm architecture for encouraging user contribution through the profit motive. Our solution leverages the connectivity and trust relationships available in online social networks to create and operate businesses using the programming interface provided by existing online social networks. Social Farm automates the tasks of finding partners, implementing the business workflo...