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Pulling Agricultural Innovation and the Market Together

  • Kimberly Elliott

Feeding an additional three billion people over the next four decades, along with providing food security for another one billion people that are currently hungry or malnourished, is a huge challenge. Meeting those goals in a context of land and water scarcity, climate change, and declining crop yields will require another giant leap in agricultural innovation. The aim of this paper is to stimulate a dialogue on what new approaches might be needed to meet these needs and how innovative funding mechanisms could play a role. In particular, could “pull mechanisms,” where donors stimulate demand for new technologies, be a useful complement to traditional “push mechanisms,” where donors provide funding to increase the supply of research and development (R&D). With a pull mechanism, donors seek to engage the private sector, which is almost entirely absent today in developing country R&D for agriculture, and they pay only when specified outcomes are delivered and adopted.

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Paper provided by Center for Global Development in its series Working Papers with number 215.

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Length: 27 pages
Date of creation: Jun 2010
Date of revision:
Handle: RePEc:cgd:wpaper:215
Contact details of provider: Web page: http://www.cgdev.org

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