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Agricultural Innovation

Author Info

Listed author(s):
  • Brian D. Wright
  • Tiffany M. Shih

Abstract

The 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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File URL: http://www.nber.org/papers/w15793.pdf
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15793.

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Date of creation: Mar 2010
Publication status: published as Agricultural Innovation , Tiffany Shih, Brian Wright. in Accelerating Energy Innovation: Insights from Multiple Sectors , Henderson and Newell. 2011
Handle: RePEc:nbr:nberwo:15793
Note: EEE
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Other versions of this item:

  • Tiffany Shih & Brian Wright, 2011. "Agricultural Innovation," NBER Chapters,in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 49-85 National Bureau of Economic Research, Inc.
Find related papers by JEL classification:
  • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
  • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
  • 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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Cited by:

  1. James, Jennifer S. & Pardey, Philip G. & Alston, Julian M., 2008. "Agricultural R&D Policy: A Tragedy of the International Commons," Staff Papers 43094, University of Minnesota, Department of Applied Economics.

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