INNOVATION-DRIVEN AGRIBUSINESS AND POLICY FRAMEWORK FOR SUSTAINABLE HYBRID CORN DEVELOPMENT: A CASE OF TKS-234 SEED COMMERCIALIZATION
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Abstract
Agricultural innovation plays a crucial role in addressing food security, strengthening economic resilience, and promoting sustainability, particularly in developing countries. This study explores the development of hybrid corn seed TKS-234 as an innovation-driven agribusiness model that integrates technological advancement, community empowerment, and policy perspectives. The research aims to evaluate its technological performance, economic potential, and policy implications in supporting sustainable agricultural development. A mixed-method approach was employed, combining field implementation, stakeholder collaboration, and business model analysis. The findings show that TKS-234 demonstrates superior characteristics, including high productivity (up to 12.5 tons/ha), resistance to drought and disease, and adaptability to marginal lands. These attributes highlight its potential as a scalable agricultural innovation with strong market prospects. From an economic perspective, the development of seed-based business units creates opportunities for value creation, income generation, and rural economic growth. The study also emphasizes the importance of multi-stakeholder collaboration involving academic institutions, industry partners, and local communities in supporting successful implementation. However, several challenges were identified, including bureaucratic constraints, limited community engagement, and gaps in policy support. Overall, this study underscores the need for an integrated approach that connects agricultural innovation, agribusiness development, and supportive policy frameworks. It contributes to the development of a techno-policy-oriented model that offers practical and strategic insights for advancing sustainable agricultural transformation in emerging economies.