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Annual Review of Resource Economics

Volume 7, 2015

Agricultural Research by the Private Sector

Abstract

The private sector has assumed a larger role in developing improved technology for food and agriculture, with private agricultural R&D spending growing faster than public agricultural R&D spending over the past several decades. Major drivers have been new commercial opportunities afforded by scientific advances and liberalization of agricultural input markets. Along with rising private R&D investment, agricultural input industries have undergone significant structural changes. These developments have been pronounced in both high-income and developing countries. The rising importance of private R&D, however, does not imply a diminished role of the public sector, as most empirical evidence points to complementarities between public and private agricultural R&D.

Keyword(s): appropriability, biotechnology, intellectual property rights, market structure, technological change, technology transfer
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2015-10-05
2024-04-24
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/content/journals/10.1146/annurev-resource-100814-125115
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Agricultural Research by the Private Sector
Annual Review of Resource Economics 7, 399 (2015); https://doi.org/10.1146/annurev-resource-100814-125115
/content/journals/10.1146/annurev-resource-100814-125115
/content/journals/10.1146/annurev-resource-100814-125115
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