Examination from the University of Kent’s School of Economics reveals new insight into a long-standing deterrent to improving agricultural productivity in developing nations: the hesitance of little scope ranchers to receive present day technologies in view of the dangers related with them.

The paper, distributed in Science Direct, inspected the connection between mentalities towards hazard among little scope aqua farmers in Ghana and the time they take to embrace new technologies that lessen customary dangers, including; adverse weather conditions, aquatic predators and unhygienic conditions.

The scientists directed a progression of mental investigations with aqua farmers in 30 villages in four regions in southern Ghana to quantify their abhorrence for danger and ability to face challenges. They additionally recorded the aqua farmers’ selection of three creative technologies as of late acquainted with Ghana: predator-proof floating cages for fish; a supplement rich fish feed; and a quickly developing, illness safe breed of tilapia fish.

Results demonstrated that abhorrence for conventional creation chances quickened the appropriation of every one of the three technologies. Be that as it may, adoption of floating cages was more slow due to the noteworthy upfront financial investment required, making little scope experimentation with the technology unrealistic. The examination likewise found that once aqua farmers in a network have begun utilizing the cages, the abhorrence by others to face the challenge was additionally diminished.

 “These findings may have significant consequences beyond Africa and onto the global agricultural sector. Addressing traditional perceptions with this new understanding of the potential to reduce risk by adopting new ideas, methods, and technologies, may broaden how business ventures are viewed and conducted in the future. This in turn may help agricultural ventures in developing nations become secure and allow them to flourish.”

Dr. Adelina Gschwandtner, Senior Lecturer in Economics and Principle Investigator