Marr, Ana ORCID: https://orcid.org/0000-0002-8764-5682 and Chancellor, Tim ORCID: https://orcid.org/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 / School / Research Centre / 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:	Publisher Organisation Organisation Organisation Organisation Organisation
Last Modified:	22 Oct 2020 17:09
URI:	http://gala.gre.ac.uk/id/eprint/3275

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