Resilience and why it matters for farm management

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Specialisation and economies of scale or diversification and economies of scope? Assessing different agricultural development pathways (2017, background): “Moreover, it undermines the capacity of farms to absorb market shocks, and thereby weakens their economic resilience (Darnhofer, 2014).”
A review of types of risks in agriculture: What we know and what we need to know (2020, neutral): “For farmers, resilience encompasses buffer, adaptive, and transformative capability (Darnhofer, 2014).”
Governmental financial resilience under austerity in Austria, England and Italy: How do local governments cope with financial shocks? (2017, background): “…resume crucial functions (Boin 2016), as well as adaptive capacities, ie, the set of available resources and competencies that allow persistence, adaptation and transformation in the face of disturbances (e.g. Davoudi et al. 2013; Darnhofer 2014; Linnenluecke and Griffith 2013; Nelson et al. 2007).”