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An Approach to Predicting Demand for an Agricultural Innovation

Author

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  • Kaine, Geoff
  • Lees, Jim
  • Wright, Vic

Abstract

Historically research about diffusion has largely been focused on rates of adoption and explanations for them. This is a matter of secondary importance, arguably, to the question of the likely total level of adoption. In the case of agricultural innovations total adoption can be expected to be strongly correlated to the value attributed to the innovation by those producers for whom it is relevant. In this paper a model is presented which frames the components of the farm management context that substantially determine the valuation of innovations. This model has been developed over two decades of research into potential adoption.

Suggested Citation

  • Kaine, Geoff & Lees, Jim & Wright, Vic, 2007. "An Approach to Predicting Demand for an Agricultural Innovation," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 15.
    • Handle: RePEc:ags:auagre:126085
    DOI: 10.22004/ag.econ.126085
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    References listed on IDEAS

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    1. Steenkamp, Jan-Benedict E M & Gielens, Katrijn, 2003. "Consumer and Market Drivers of the Trial Probability of New Consumer Packaged Goods," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 30(3), pages 368-384, December.
    2. Abadi Ghadim, Amir K. & Pannell, David J., 1999. "A conceptual framework of adoption of an agricultural innovation," Agricultural Economics, Blackwell, vol. 21(2), pages 145-154, October.
    3. Gifford Sharon, 2005. "Limited Attention as the Bound on Rationality," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-42, December.
    4. Bewsell, Denise & Kaine, Geoff, 2005. "Adoption of Environmental Best Practice Amongst Dairy Farmers," 2005 Conference, August 26-27, 2005, Nelson, New Zealand 98494, New Zealand Agricultural and Resource Economics Society.
    5. Murray-Prior, Roy B. & Wright, Vic, 2004. "Use of strategies and decision rules by Australian wool producers to manage uncertainty," AFBM Journal, Australasian Farm Business Management Network, vol. 1, pages 1-16.
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    Cited by:

    1. Wright, Vic & Keeble, Brigette & Kaine, Geoff, 2013. "Framing and managing the adoption of practice change for NRM by farmers," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152185, Australian Agricultural and Resource Economics Society.
    2. Crosthwaite, Jim & Moll, Jim & Dorrough, Josh & Malcolm, Bill, 2009. "Re-organising farm businesses to improve environmental outcomes," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 17, pages 1-25.

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