Private-Sector Research and Development

Keith O. Fuglie (), Matthew Clancy and Paul W. Heisey
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Keith O. Fuglie: USDA Economic Research Service
Paul W. Heisey: USDA Economic Research Service

A chapter in From Agriscience to Agribusiness, 2018, pp 41-73 from Springer

Abstract: 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.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-3-319-67958-7_3

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DOI: 10.1007/978-3-319-67958-7_3

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