Stakeholders’ Trustworthiness Toward Co-Creation and Co-Investment in Safe Agriculture
Journal article
Authors/Editors
Strategic Research Themes
Publication Details
Author list: Natcha Thamchaisophis and Chokeanand Bussracumpakorn
Publication year: 2021
Volume number: 21
Issue number: 2
Start page: 355
End page: 374
Number of pages: 20
ISSN: 2630-0079
URL: https://so02.tci-thaijo.org/index.php/hasss/article/view/240618
Languages: English-United States (EN-US)
Abstract
The impact of the New Land and Building Tax Law will increase land holding costs,
particularly for vacant land. Landowners who have insufficient cash may not be able to cope
with a new tax burden. This study explored the possibility of bringing unutilized land plots into
production towards co-creation and co-investment in safe vegetable farming by emphasizing
minimization of the external derived inputs such as pesticides or synthetic chemical fertilizers
to create more self-reliant sources of vegetables for consumers. The objectives of this study
were: 1) to comprehend landowners’, consumers’, and investors’ perceptions as the core
stakeholders toward sustainable agriculture investment, and to identify the limitations and
expectations of each group by using semi-structured interviews and questionnaires of 50
landowners, 100 consumers, and 50 investors. The findings indicated that lack of trust was one
of the most crucial aspects; 2) to design a conceptual model, called CO-VEGGIES, based on
some key applications of Participatory Guarantee Systems (PGS), i.e. the network of the strong
stakeholder’s relationship, shared values, open-information, and direct participation to build
trust; 3) to test the conceptual model to identify key elements in the stakeholders’
trustworthiness by using semi-structured interviews and questionnaires of 120 samples
including 30 landowners, 60 consumers, and 30 investors. The findings suggested that
stakeholders’ direct participation in the conceptual CO-VEGGIES model resulted in greater
empowerment and the positive development of trust and quality assurance.
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