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Economics of Research and Innovation in Agriculture
Contributor(s): Moser, Petra (Editor)
ISBN: 022677905X     ISBN-13: 9780226779058
Publisher: University of Chicago Press
OUR PRICE:   $133.65  
Product Type: Hardcover
Published: October 2021
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Business & Economics | Industries - Agribusiness
- Business & Economics | Research & Development
- Business & Economics | Development - Sustainable Development
Dewey: 338.107
LCCN: 2021009480
Physical Information: 0.9" H x 6.1" W x 9.1" (1.20 lbs) 304 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
Feeding the world's growing population is a critical policy challenge for the twenty-first century. With constraints on water, arable land, and other natural resources, agricultural innovation is a promising path to meeting the nutrient needs for future generations. At the same time, potential increases in the variability of the world's climate may intensify the need for developing new crops that can tolerate extreme weather. Despite the key role for scientific breakthroughs, there is an active discussion on the returns to public and private spending in agricultural R&D, and many of the world's wealthier countries have scaled back the share of GDP that they devote to agricultural R&D. Dwindling public support leaves universities, which historically have been a major source of agricultural innovation, increasingly dependent on industry funding, with uncertain effects on the nature and direction of agricultural research. All of these factors create an urgent need for systematic empirical evidence on the forces that drive research and innovation in agriculture. This book aims to provide such evidence through economic analyses of the sources of agricultural innovation, the challenges of measuring agricultural productivity, the role of universities and their interactions with industry, and emerging mechanisms that can fund agricultural R&D.