Economics of Research and Innovation in Agriculture

Economics of Research and Innovation in Agriculture PDF Author: Petra Moser
Publisher: University of Chicago Press
ISBN: 022677905X
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
"The challenges facing agriculture are plenty. Along with the world's growing population and diminishing amounts of water and arable land, the gradual increase in severe weather presents new challenges and imperatives for producing new, more resilient crops to feed a more crowded planet in the twenty-first century. Innovation has historically helped agriculture keep pace with earth's social, population, and ecological changes. In the last 50 years, mechanical, biological, and chemical innovations have more than doubled agricultural output while barely changing input quantities. The ample investment behind these innovations was available because of a high rate of return: a 2007 paper found that the median ROI in agriculture was 45 percent between 1965 and 2005. This landscape has changed. Today many of the world's wealthier countries have scaled back their share of GDP devoted to agricultural R&D amid evidence of diminishing returns. Universities, which have historically been a major source of agricultural innovation, increasingly depend on funding from industry rather than government to fund their research. As Upton Sinclair wrote of the effects industry influences, "It is difficult to get a man to understand something when his salary depends upon his not understanding it." In this volume of the NBER Conference Report series, editor Petra Moser offers an empirical, applied-economic framework to the different elements of agricultural R&D, particularly as they relate to the shift from public to private funding. Individual chapters examine the sources of agricultural knowledge and investigate challenges for measuring the returns to the adoption of new agricultural technologies, examine knowledge spillovers from universities to agricultural innovation, and explore interactions between university engagement and scientific productivity. Additional analysis of agricultural venture capital point to it as an emerging and future source of resource in this essential domain"--

Economics of Research and Innovation in Agriculture

Economics of Research and Innovation in Agriculture PDF Author: Petra Moser
Publisher: University of Chicago Press
ISBN: 022677905X
Category : Business & Economics
Languages : en
Pages : 270

Get Book Here

Book Description
"The challenges facing agriculture are plenty. Along with the world's growing population and diminishing amounts of water and arable land, the gradual increase in severe weather presents new challenges and imperatives for producing new, more resilient crops to feed a more crowded planet in the twenty-first century. Innovation has historically helped agriculture keep pace with earth's social, population, and ecological changes. In the last 50 years, mechanical, biological, and chemical innovations have more than doubled agricultural output while barely changing input quantities. The ample investment behind these innovations was available because of a high rate of return: a 2007 paper found that the median ROI in agriculture was 45 percent between 1965 and 2005. This landscape has changed. Today many of the world's wealthier countries have scaled back their share of GDP devoted to agricultural R&D amid evidence of diminishing returns. Universities, which have historically been a major source of agricultural innovation, increasingly depend on funding from industry rather than government to fund their research. As Upton Sinclair wrote of the effects industry influences, "It is difficult to get a man to understand something when his salary depends upon his not understanding it." In this volume of the NBER Conference Report series, editor Petra Moser offers an empirical, applied-economic framework to the different elements of agricultural R&D, particularly as they relate to the shift from public to private funding. Individual chapters examine the sources of agricultural knowledge and investigate challenges for measuring the returns to the adoption of new agricultural technologies, examine knowledge spillovers from universities to agricultural innovation, and explore interactions between university engagement and scientific productivity. Additional analysis of agricultural venture capital point to it as an emerging and future source of resource in this essential domain"--

Rural Wealth Creation

Rural Wealth Creation PDF Author: John L. Pender
Publisher: Routledge
ISBN: 1135121966
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This book investigates the role of wealth in achieving sustainable rural economic development. The authors define wealth as all assets net of liabilities that can contribute to well-being, and they provide examples of many forms of capital – physical, financial, human, natural, social, and others. They propose a conceptual framework for rural wealth creation that considers how multiple forms of wealth provide opportunities for rural development, and how development strategies affect the dynamics of wealth. They also provide a new accounting framework for measuring wealth stocks and flows. These conceptual frameworks are employed in case study chapters on measuring rural wealth and on rural wealth creation strategies. Rural Wealth Creation makes numerous contributions to research on sustainable rural development. Important distinctions are drawn to help guide wealth measurement, such as the difference between the wealth located within a region and the wealth owned by residents of a region, and privately owned versus publicly owned wealth. Case study chapters illustrate these distinctions and demonstrate how different forms of wealth can be measured. Several key hypotheses are proposed about the process of rural wealth creation, and these are investigated by case study chapters assessing common rural development strategies, such as promoting rural energy industries and amenity-based development. Based on these case studies, a typology of rural wealth creation strategies is proposed and an approach to mapping the potential of such strategies in different contexts is demonstrated. This book will be relevant to students, researchers, and policy makers looking at rural community development, sustainable economic development, and wealth measurement.

Vision 2000

Vision 2000 PDF Author:
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 154

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Book Description


Northwest Forest Plan

Northwest Forest Plan PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 112

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Book Description


Potato Stocks

Potato Stocks PDF Author:
Publisher:
ISBN:
Category : Potatoes
Languages : en
Pages : 8

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Book Description


The Importance of Regional Strategies in Rural Economic Development

The Importance of Regional Strategies in Rural Economic Development PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry
Publisher:
ISBN:
Category : Federal aid to community development
Languages : en
Pages : 108

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Book Description


New Uses for Farm and Forest Products

New Uses for Farm and Forest Products PDF Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Agricultural Research and General Legislation
Publisher:
ISBN:
Category : Agricultural innovations
Languages : en
Pages : 356

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Book Description


The Formula for Economic Growth on Main Street America

The Formula for Economic Growth on Main Street America PDF Author: Gerald L. Gordon
Publisher: CRC Press
ISBN: 1420093924
Category : Political Science
Languages : en
Pages : 187

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Book Description
The community that establishes and maintains a solid economic framework greatly improves its chances of sustaining itself through fluctuations in the economy. The question is, of course, how can city officials and administrators make this happen? The Formula for Economic Growth on Main Street America examines why economic growth during the late twe

Economic Development in Rural Areas

Economic Development in Rural Areas PDF Author: Peter Dannenberg
Publisher: Routledge
ISBN: 1317146220
Category : Social Science
Languages : en
Pages : 236

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Book Description
Analysing the ongoing changes and dynamics in rural development from a functional perspective through a series of case studies from the global north and south, this volume deepens our understanding of the importance of new functional and multifunctional approaches in policy, practice and theory. In rural areas of industrialized societies, food production as a basis for growth and employment has been declining for many decades. In the Global South, on the other hand, food production is still often the most important factor for socio-economic development. However, rural areas both in the industrialized north and in the global south are facing new challenges which lead to significant changes and threats to their development. New forms of food production, but also new functional (e.g. housing or business parks) and often multifunctional approaches are being discussed and practiced yet it remains unclear the extent to which these result in better or more sustainable development of rural areas.

Forest Resource Economics And Policy Research

Forest Resource Economics And Policy Research PDF Author: Paul V. Ellefson
Publisher: Routledge
ISBN: 0429722176
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
This book reviews the status of discipline-wide activity in forest economics and policy research, especially investment levels, past and current program emphasis, program planning, and organizational involvement. It defines strategic directions for forest economics and policy research.