Profit Maximization Through Innovation Technologies

Background Agricultural industry is one of the most important industries of Uzbekistan. Agriculture sector employs 28% of Uzbekistan s labor force and generates 24% of its GDP (Uzreport, 2006). Therefore further development of agricultural industry in Uzbekistan is crucial for Uzbek nation. According to UNDP within the next 20 years, the world will gain another 1.4 billion people. Representing a 25-percent increase in global population, most of these people will live in the expanding urban centers of developing countries and will add greatly to the world’s demand for food. Demand for food products will increase. Meeting these increased food demands will be opportunity for the world’s agricultural producers as well as for Uzbek†¦show more content†¦Innovation in agriculture and sub-industries can be a key driver of poverty reduction in poor rural economies (OECD,2010).The impact on the environment could also be major while using water efficient technologies watering mor e efficiently and less wastefully. This includes drip irrigation systems, desalination, recycling, or drought-resistant plants. Such technologies already have been applied in USA and EU countries which enable farmers to improve profitability by using less fertilizer and pesticides, with little or no fall in yields, through the adoption of new methods.(Gurria, 2010.) Another highlighted issue in literature is greenhouse emissions caused by natural gas burning. Natural gas is mostly used energy type in greenhouse industry . Greenhouse gas emissions included approximately 465,000 metric tons of CO2, 9 metric tons of CH4 and 7 metric tons of N2O in 2006 worldwide (BD, 2010). Negative impact of natural gas to environment also another need to develop new energy saving technologies and secure new renewable energy sources that can substitute for fossil fuels are very urgent. According to Choi (2008) energy recovery from wastes is being internationally recognized as a reliable method to re duce greenhouse gases which have negative influence to climate. Research question and objectives Research question: What kinds of innovation technologies are practiced in greenhouse production in worldwide and does an implementing innovationShow MoreRelatedIs Corporate Social Responsibility a Way to Cover Exorbitant Charges1268 Words   |  6 PagesContents 1. Introduction 2 2. Motivations behind CSR 2 2.1 Self-Interest 2 2.2 Ethics 2 3. 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