Advanced Search
MyIDEAS: Login to save this book or follow this series

Rural Research and Development Corporations

Contents:

Author Info

  • Commission, Productivity

    ()
    (Productivity Commission)

Registered author(s):

    Abstract

    Through the Rural Research and Development Corporations (RDCs), rural industries and the Australian Government together invest some $490 million a year in R&D. This co-investment model has important strengths, including: helping to ensure that public money is not spent on research of little practical value; and facilitating greater and faster uptake of research outputs. However, as currently configured, the model has some significant shortcomings:◦it does not cater well for broader rural R&D needs; the overall level of public support for industry-focused research is too high given the sound financial reasons that producers or industries would have to fully fund much of this research themselves; the basis for the Government's matching contribution to RDCs provides no incentive for producers to increase their investments in the model over time. While the broad model should be retained, significant changes to the way in which the Government contributes its funding are therefore called for. Specifically: the current cap on dollar for dollar matching of industry contributions by the Government should be halved over a ten-year period; a new, uncapped, subsidy at the rate of 20 cents in the dollar should be immediately introduced for industry contributions above the level that attracts dollar for dollar matching; a new, government-funded, RDC - Rural Research Australia (RRA) - should be created to sponsor broader rural research. With RRA in place, the other RDCs (except for the Fisheries RDC) should be left to focus predominantly on funding research of direct benefit to their industry constituents. These new arrangements would result in a modest reduction in total government funding for the RDC model - though with a similarly modest increase in private contributions, the overall amount of funding available to the RDCs could increase. More importantly, the redistribution of some public money to broader research would deliver better value for the community from its investment in the model. Some more specific changes can be viewed in the report.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.pc.gov.au/projects/inquiry/rural-research/report
    File Function: Publication website
    Download Restriction: no

    Bibliographic Info

    as in new window
    This book is provided by Productivity Commission, Government of Australia in its series Inquiry Reports with number 52 and published in 2011.

    ISBN: 978-1-74037-344-9
    Handle: RePEc:ris:prodir:0052

    Contact details of provider:
    Postal: Level 28, 35 Collins St, Melbourne Victoria 3000
    Phone: 61 3 9653 2100
    Fax: 61 3 9653 2199
    Email:
    Web page: http://www.pc.gov.au/
    More information through EDIRC

    Related research

    Keywords: rural research; rural research and development; RDCs; rural research and development corporations; R&D;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. McClintock, Anthea & Malcolm, Bill & Crean, Jason & Jackson, Tom & Heath, James, 2013. "Pragmatic Selection of R,D&E Investments in Primary Industries," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152169, Australian Agricultural and Resource Economics Society.
    2. Gray, Richard S. & Bolek, Katarzyna, 2012. "Grain Research Funding in Australia: Lessons from International Experience," 2012 Conference (56th), February 7-10, 2012, Freemantle, Australia 124176, Australian Agricultural and Resource Economics Society.
    3. Mullen, John & Keogh, Mick, 2013. "The Future Productivity and Competitiveness Challenge for Australian Agriculture," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152170, Australian Agricultural and Resource Economics Society.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ris:prodir:0052. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (MAPS).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.