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Science for tomorrow - the long lags in productivity enhancement

In: Food Security

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Abstract

Increases in agricultural productivity do not arrive like ‘manna from heaven’ - they are the result of increasingly sophisticated scientific advances. They take time to come to fruition. The lag from a scientific discovery until its benefits are fully diffused in the economy is upwards of a quarter-century. That means that investments today will not provide full benefits until 2050. There is well-documented underinvestment, both public and private, in agricultural research and development. As a result, future global food security is not assured.

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  • ., 2023. "Science for tomorrow - the long lags in productivity enhancement," Chapters, in: Food Security, chapter 16, pages 159-170, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:22355_16
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