Agricultural Research and Development: Public and Private Investments Under Alternative Markets and Institutions

Keith Fuglie (), Nicole Ballenger, Kelly Day Rubenstein, Cassandra Klotz, Michael Ollinger, John Reilly, Utpal Vasavada and Jet Yee

No 262031, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: mpirical studies indicate high economic returns from the public's investment in agricultural research. Yet, even as society is placing broader demands on the research system, taxpayer support for public agricultural research is unlikely to increase. Stronger ownership rights for intellectual property have increased incentives for private investment in agricultural research, but key elements still require direct public support. The USDA is developing new mechanisms to build a more effective public-private partnership in agricultural research.

Keywords: Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 81
Date: 1996-05-01
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Citations: View citations in EconPapers (46)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:262031

DOI: 10.22004/ag.econ.262031

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