IDEAS home Printed from https://ideas.repec.org/p/ags/uerser/33927.html
   My bibliography  Save this paper

Private Investment In Agricultural Research And International Technology Transfer In Asia

Author

Listed:
  • Pray, Carl E.
  • Fuglie, Keith O.

Abstract

This study addresses the questions of future sources of technology for increasing food and agricultural production by considering the situation in Asia. This region of the world is particularly appropriate for studying these questions because of the dynamic changes in population and incomes. How much private research is there and what is it producing? Will the private sector compensate for declining public agricultural research investments in Asia? What can governments do to stimulate private research and protect farmers from harmful or defective technology? Agribusiness firm's R&D investments were evaluated in selected developing countries during 1996 and 1998 and compared with data from a similar study conducted in the mid-1980s. The largest amount of private research was in India where investment was about $55 million per year in the mid-1990s, followed by Thailand, Malaysia, and China. China's private R&D spending represents less than one one-hundredth of 1 percent of agricultural gross domestic product. In contrast, in Thailand and Malaysia, firms spent about 0.1 percent. From the mid-1980s to the mid-1990s, private sector R&D grew in real terms in the countries in our sample. However, at this rate, private research will not fill the gap needed to support rapid growth in demand for agricultural products. Foreign firms made an important contribution to private research in all of these countries. The most important policy that helped induce this growth was liberalization of industrial policy that allowed private and foreign firms to operate and expand in agricultural input industries. A second important policy was investments in public research. Patents and tax incentives seem to have had little effect so far, but could be important in the future.

Suggested Citation

  • Pray, Carl E. & Fuglie, Keith O., 2001. "Private Investment In Agricultural Research And International Technology Transfer In Asia," Agricultural Economic Reports 33927, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerser:33927
    DOI: 10.22004/ag.econ.33927
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/33927/files/ae010805.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.33927?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uerser:33927. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.