Exploring the resource and capabilities of food related enterprises in rural Denmark: Implications for rural enterprises in Ghana
Developing economies stands to gain much by learning from the experiences of the developed economies. The study aims to explore the extent to which rural food enterprises utilise their capabilities to organise their resources in the experience economy to create value and remain competitive. The article uses a qualitative open-ended interviews to explore the issues using two cases of small food related enterprises in Denmark. The purpose of the method is to allow the respondents to construct the meaning of the topic from their own perspectives. Using the dominant themes as the main techniques to analyse the data, coupled with the hermeneutics approach, the results show that an entrepreneur’s capability is crucial with regard to small enterprises in rural settings. Specifically, the two case studies illustrate the capabilities of business owners to identify assets at their establishments and the municipality level and reconfigure them into objects aimed at providing experiences for visitors seeking out for rural idyll. The implications of this study on policy and practice on entrepreneurship development in rural Ghana are suggested based on the results.
Keywords: Resource-based view, capabilities, rural entrepreneurs, food related enterprises, Experience Economy, Denmark, Ghana