The Assesment of Capital Flow and Technology Transfer in Asparagus Production
Abstract
The industrial sector has marginalized the agribusiness sector. The tight competition in the industrial sector has led to efforts by businesses to develop the agribusiness sector. The agribusiness sector has a vital role as state revenue and food security of rural households. Asparagus is one of the agribusiness commodities. Management of investment capital flows and technology transfer is an obstacle in improving the quality and quantity of asparagus production. Asparagus as a food crop commodity is sought after by the world community as a counterweight to food needs. This study aims to identify and analyze the development of Asparagus cultivation, investment capital flows, and technology transfer in asparagus production. The analytical method used is the assessment of investment capital flows and comparative studies. The research findings show that asparagus production is influenced by integrated development, capital flows, investment value, and technology transfer. The results of the analysis and assessment of investment capital flows, technology transfer show net B/C 1.01-2.21, IRR 24-35.87%, payback period 3.7-4.0-month, maximum production life of 10 years. The maximum production value of 1 Ha of land is IDR 108,000,000 /year; costs are IDR 68,800,000/year. The research findings show that (1) the ability to supply asparagus and the fulfillment of market needs tend to be unbalanced; (2) asparagus producers have a comparative advantage due to production technology.
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DOI: http://dx.doi.org/10.18517/ijaseit.11.1.11365
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