Konferenzbeitrag

Medicinal and Aromatic Plants Value Chain Performance in Albania: Information System Implementation

The medicinal and aromatic plants (MAPs) represent a very important sector for the Albanian economy. According the COMTRADE 2018 statistics, this sector exports rank the country at the 16-th position in the World, indicating that Albania has a very big economical potential in this area (Hoxha, 2016, Naka et al., 2003). Despite this potential, the last 20 years records show that these exports have remained almost constant. The lack of information about the value chain, indicating the asymmetric information is the main reasons of this performance (USAID, 2010, Lekocaj et al, 2017). Therefore, conclusion emerges that there is a limited rationality between the economic agents who work and study in this sector. This study object is to identify the information sources and to fabricate all the channels where this information goes through. To achieve our objectives, we are using systemic approach. At the national level, we have chosen 3 municipalities, while for the information level regarding this sector's actors we have chosen 12 exporting companies, the most important ones in Albania. The results show that the sector information system has methodological problems on their identification and a lack of a central database, which can be updated at any moment with new information in time and space from all the value chain actors.

Language
Englisch

Bibliographic citation
In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Split, Croatia, 6-8 September 2018 ; Year: 2018 ; Pages: 266-275 ; Zagreb: IRENET - Society for Advancing Innovation and Research in Economy

Classification
Wirtschaft
Management of Technological Innovation and R&D
Asymmetric and Private Information; Mechanism Design
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Subject
Medicinal and aromatic plants
performance
limited rationality
systematic method
information system

Event
Geistige Schöpfung
(who)
Lekoçaj, Julian
Hoxha, Valter
Event
Veröffentlichung
(who)
IRENET - Society for Advancing Innovation and Research in Economy
(where)
Zagreb
(when)
2018

Handle
Last update
10.03.2025, 11:46 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Konferenzbeitrag

Associated

  • Lekoçaj, Julian
  • Hoxha, Valter
  • IRENET - Society for Advancing Innovation and Research in Economy

Time of origin

  • 2018

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