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Criteria and indicators of economic efficiency of entrepreneurship in agriculture

Natig Mirzayev Sarhad

mirzoev.n@mail.ru

23147 ­ ­ AZ ­ ­ 36. April 2021 ­ ­­ ­ agriculture criteria indicator entrepreneurship entrepreneurial activity efficiency

Abstract

The economic efficiency of any activity in a market economy is one of the most important conditions for its implementation. In this regard, the correct assessment of the economic efficiency of entrepreneurial activity is of particular importance. Efficiency - reflects the interaction of natural, organizational, economic and social conditions in the activities of an economic entity. The article examines the issues of determining the criteria and indicators of production efficiency in business entities of the agricultural sector. Based on the results of the study, a proposal was prepared on the choice of key indicators for assessing the economic efficiency of entrepreneurial activity in the agricultural sector.

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AUTHORS

 

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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Arzu. Huseyn

Azerbaijan Tourism and Management University

  Ph.D., docent  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Samir. Agayev

Ph.D. student of Azerbaijan State Economic University (UNEC)

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Ruhiyya. Mammadrzayeva

Research Institute of Plant Protection and Technical Plants

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)