Naslov
Implication of Innovation and Information Asymmetry in Food Markets

Autori
Novak, Ivan ; Dabić, Marina ; Kovač, Ivana

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Izvornik
9th Conference on sustainable development of energy, water and environment systems : book of abstracts / Marko, Ban ; Neven, Duić ; Nataša, Markovska ; Daniel, Rolph, Schneider ; Zvonimir, Guzović ; Vyacheslav, Kafarov ; Jiří, Jaromír, Klemeš ; Farhang, Shadman ; Subhas, K. Sikdar ; Petar, Varbanov ; Goran, Krajačić ; Luka, Perković ; Milan, Vujanović - Zagreb : International Centre for Sustainable Development of Energy, Water and Environment Systems (SDEWES), 2014, 143-143

Skup
Conference on sustainable development of energy, water and environment systems (9 ; 2014)

Mjesto i datum
Istanbul, Turska; Venecija, Italija, 2014

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Innovation ; Information Asymmetry ; Food Markets

Sažetak
This paper aims to examine the role of food industry development and technological revolution in creating market inefficiency. Using the current scientific body of knowledge and consumer research results of 203 participants, the paper tries to demonstrate the lack of information and the resulting market outcome in food industry. Findings: As a result of technological revolution, lack of information (p=, 000) and inadequate government regulation, food markets (p=, 000) have become inefficient, creating cost which can no longer be measured only in economic terms. It is implicated that the current supply of food could be depicted as low quality and responsible for a number of health problems. Although the root of poor health is complex, our research results suggest that certain technological innovations have contributed to the problem.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA