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Stimulating private investment in agricultural research for greater impact on poverty reduction

Stimulating private investment in agricultural research for greater impact on poverty reduction

Marr, Ana and Chancellor, Tim ORCID: 0000-0002-4442-7001 (2006) Stimulating private investment in agricultural research for greater impact on poverty reduction. Perspectives in Agriculture, Veterinary Science, Nutrition and Natural Resources, 1 (053).

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Abstract

This article reviews the international experience with approaches to encouraging private investment in agricultural research and technology for a greater impact on poverty reduction. Some specific types of technologies and the roles for public and private sector involvement in generating new technology are identified, as well as the potential for public–private partnerships. Three most promising mechanisms for stimulating private investment in agricultural research are then revised in some detail: taxation schemes, co-funding arrangements, and output-based approaches. The article concludes that in order to help create a significant impact on poverty reduction, the innovative incentive system of tying rewards to adoption of technology development is the most likely to succeed.

Item Type: Article
Additional Information: This is an exclusively electronic publication.
Uncontrolled Keywords: agricultural research, agricultural technology, private investment, poverty reduction
Subjects: H Social Sciences > HG Finance
Faculty / Department / Research Group: Faculty of Business > Department of International Business & Economics
Faculty of Engineering & Science > Natural Resources Institute
Faculty of Engineering & Science > Natural Resources Institute > Food & Markets Department
Faculty of Engineering & Science > Natural Resources Institute > Agriculture, Health & Environment Department
Related URLs:
Last Modified: 14 Oct 2016 09:08
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/3275

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