AbstractThe achievements in agricultural innovation over the past century have been impressive, supporting large increases in agricultural yields and low food prices. Critical to this success has been sustained public sector investment combined with a decentralized and competitive research system in the US. Recent intellectual property reforms motivated increased private investment, yet the private sector still relies upon basic research produced by the public sector. Problems with scientific freedom to operate as well as concentration in the agricultural biotechnology industry also emerged due to intellectual property rights. For new technologies, the case of agriculture demonstrates that government has an important role in antitrust, the effective and efficient regulation of technologies, and in facilitating technology adoption.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15793.
Date of creation: Mar 2010
Date of revision:
Publication status: published as Tiffany Shih, Brian Wright. "Agricultural Innovation," in Rebecca M. Henderson and Richard G. Newell, editors, "Accelerating Energy Innovation: Insights from Multiple Sectors" University of Chicago Press (2011)
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Other versions of this item:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
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