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Private-Sector Research and Development

In: From Agriscience to Agribusiness

Author

Listed:
  • Keith O. Fuglie

    (USDA Economic Research Service)

  • Matthew Clancy

    (USDA Economic Research Service)

  • Paul W. Heisey

    (USDA Economic Research Service)

Abstract

Over the past several decades, the private sector has assumed a larger role in research and development (R&D) for food and agriculture. Private companies fund nearly all food processing R&D and perform a growing share of production-oriented R&D for agriculture. The willingness of private companies to invest in agricultural R&D has been influenced by policies toward intellectual property rights, regulations, and antitrust. As private R&D capacity in food and agriculture has grown, so have institutional partnerships for public-private research collaboration. An important implication for public science policy is whether public R&D complements or competes with private R&D. This chapter reviews these developments and the major forces driving them.

Suggested Citation

  • Keith O. Fuglie & Matthew Clancy & Paul W. Heisey, 2018. "Private-Sector Research and Development," Innovation, Technology, and Knowledge Management, in: Nicholas Kalaitzandonakes & Elias G. Carayannis & Evangelos Grigoroudis & Stelios Rozakis (ed.), From Agriscience to Agribusiness, pages 41-73, Springer.
    • Handle: RePEc:spr:innchp:978-3-319-67958-7_3
    DOI: 10.1007/978-3-319-67958-7_3
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    Cited by:

    1. Jennifer Clapp & Indra Noyes & Zachary Grant, 2021. "The Food Systems Summit’s Failure to Address Corporate Power," Development, Palgrave Macmillan;Society for International Deveopment, vol. 64(3), pages 192-198, December.

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