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Agricultural Research by the Private Sector

Author

Listed:
  • Carl E. Pray

    (Department of Agriculture, Food, and Resource Economics, Rutgers University, New Brunswick, New Jersey 08901)

  • Keith O. Fuglie

    (Economic Research Service, US Department of Agriculture, Washington, DC 20024)

Abstract

The private sector has assumed a larger role in developing improved technology for food and agriculture, with private agricultural R&D spending growing faster than public agricultural R&D spending over the past several decades. Major drivers have been new commercial opportunities afforded by scientific advances and liberalization of agricultural input markets. Along with rising private R&D investment, agricultural input industries have undergone significant structural changes. These developments have been pronounced in both high-income and developing countries. The rising importance of private R&D, however, does not imply a diminished role of the public sector, as most empirical evidence points to complementarities between public and private agricultural R&D.

Suggested Citation

  • Carl E. Pray & Keith O. Fuglie, 2015. "Agricultural Research by the Private Sector," Annual Review of Resource Economics, Annual Reviews, vol. 7(1), pages 399-424, October.
    • Handle: RePEc:anr:reseco:v:7:y:2015:p:399-424
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-resource-100814-125115
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    Citations

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    Cited by:

    1. David Zilberman & Tim G. Holland & Itai Trilnick, 2018. "Agricultural GMOs—What We Know and Where Scientists Disagree," Sustainability, MDPI, vol. 10(5), pages 1-19, May.
    2. Nin-Pratt, Alejandro & Magalhaes, Eduardo, 2018. "Revisiting rates of return to agricultural R&D investment:," IFPRI discussion papers 1718, International Food Policy Research Institute (IFPRI).
    3. Cabrera, Lilian Cervo & Talamini, Edson & Dewes, Homero, 2019. "Potato Breeding by Many Hands? Measuring the Germplasm Exchange Based on a Cultivated Potatoes Database," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 10(01), January.
    4. repec:oup:apecpp:v:40:y:2018:i:3:p:421-444. is not listed on IDEAS
    5. Myriam Preiss & Julia H.-M. Vogt & Carsten Dreher & Monika Schreiner, 2022. "Trends Shaping Western European Agrifood Systems of the Future," Sustainability, MDPI, vol. 14(21), pages 1-18, October.
    6. Deng, Haiyan & Hu, Ruifa & Pray, Carl & Jin, Yanhong, 2019. "Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 208-215.
    7. Vladislav Spitsin & Alexandr Mikhalchuk & Darya Novoseltzeva & Anton Boznyakov & Lubov Spitsina & Irina Antonova, 2016. "Domestic and Foreign Firms in Russian Food Industry for the Period of 2005-2014," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1413-1418.
    8. Coronese, Matteo & Occelli, Martina & Lamperti, Francesco & Roventini, Andrea, 2023. "AgriLOVE: Agriculture, land-use and technical change in an evolutionary, agent-based model," Ecological Economics, Elsevier, vol. 208(C).
    9. Deng, H., 2018. "Impact of Government Policies on Private R&D Investment in Agricultural Biotechnology: Evidence from China," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277117, International Association of Agricultural Economists.
    10. Charity Ruramai Nhemachena & Johann F. Kirsten & Binganidzo Muchara, 2019. "The Effects of Plant Breeders’ Rights on Wheat Productivity and Varietal Improvement in South African Agriculture," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    11. Clancy, Matthew S., 2018. "How deep are the roots of agricultural innovation? Evidence from patents," 2018 Annual Meeting, August 5-7, Washington, D.C. 274377, Agricultural and Applied Economics Association.

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