Agribusiness concept found by Davis and Goldberg (1957) is not only recognized as the holistic agricultural system from upstream to downstream, but also in achieving sustainable benefit. The sustainable agribusiness system aims to achieve equitable benefit for all the stakeholders. In developing economies, it should be adaptive to recent technological advancement. For instance, agricultural technology in upstream sub-system can lead the farmers to produce high quality local seed, enable farmer to produce high quality product with affordable cost. Another example is inclusive business model which involves small scale actors and good coordinated supply chain, synergyzing the agribusiness system in developing economies with agribusiness system in the developed economies by employing the sustainability into their recent innovation.
Recently the world faced the pandemic covid-19 which hit all sectors of the economy. Agricultural/agribusiness sector is considered to be the sector which can withstand the negative effect of the pandemic. In Indonesia, agriculture sector still enjoys a positive growth meanwhile other sectors suffer a negative one. With the more complex and dynamic development, a place to share ideas and recent development in agribusiness especially related to the recent pandemic is needed, therefore Department of Agribusiness, Faculty of Economics and Management, IPB University is hosting an international seminar regarding Agribusiness and Economic Recovery.
