The Nature and Extent of Innovation in the Canadian Food Processing Industry

Samuel Bonti-Ankomah

No 52701, Economic and Market Information from Agriculture and Agri-Food Canada

Abstract: Innovation is considered one of the critical determinants for improved competitiveness and economic performance of the food processing industry, if Canada is to meet the challenges of the rapidly changing global food market and to exploit niche markets for products and remain competitive in the long run. The report provides useful information about innovation in the food processing industry by examining the nature and extent of innovation, drivers behind its implementation, the challenges facing innovating establishments and the significance of support services. The report shows that the tendency of establishments to conduct R&D or innovate may be influenced by their characteristics, and there are several challenges to innovation.

Keywords: Agribusiness; Agricultural and Food Policy; Agricultural Finance; Demand and Price Analysis; Financial Economics; Food Consumption/Nutrition/Food Safety; Industrial Organization; International Relations/Trade; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Marketing; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 128
Date: 2006-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaacem:52701

DOI: 10.22004/ag.econ.52701

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