Private-sector investment in R&D: a review of policy options to promote its growth in developing-country agriculture

Anwar Naseem (), David Spielman and Steven Were Omamo
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Steven Were Omamo: United Nations World Food Programme, Via C.G.Viola 68, Parco dei Medici, 00148 Rome, Italy, Postal: United Nations World Food Programme, Via C.G.Viola 68, Parco dei Medici, 00148 Rome, Italy

Agribusiness, 2010, vol. 26, issue 1, 143-173

Abstract: Technological innovation is vital to enhancing agricultural productivity and reducing poverty in many developing countries. Public investment in research and development has historically driven technological change in agriculture; however, recent trends suggest that the private sector may play a larger role in the future. Although there is optimism about the private sector's ability to generate new technologies relevant to developing-country agriculture, current levels of private investment remain low. The authors examine the determinants of private R&D investment in developing-country agriculture, the market, and institutional constraints that limit the growth of investment, and incentives that can promote more rapid investment growth. [EconLit classification: O300, Q160]. © 2010 Wiley Periodicals, Inc.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:26:y:2010:i:1:p:143-173

DOI: 10.1002/agr.20221

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