Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 537593
Title The Shifting Structure of Agricultural R&D : Worldwide Investment Patterns and Payoffs
Author(s) Pardey, Philip G.; Alston, Julian M.; Chang-Kang, Connie; Hurley, Terrance M.; Andrade, Robert S.; Dehmer, Steven P.; Lee, Kyuseon; Rao, X.
Source In: From Agriscience to Agribusiness / Kalaitzandonakes, N., Carayannis, E.G., Grigoroudis, E., Rozakis, S., Springer (Innovation, Technology, and Knowledge Management ) - ISBN 9783319679570 - p. 13 - 39.
DOI https://doi.org/10.1007/978-3-319-67958-7_2
Department(s) Business Economics
Publication type Peer reviewed book chapter
Publication year 2017
Abstract The future path and pace of agricultural productivity growth areinextricably intertwined with investments in food and agricultural research and development (R&D). Looking back over half a century of evidence, we find that the lay of the global food and agricultural R&D land is changing, with indications that we are in the midst of an historic transition. The more notable trends are as follows: (1) for the first time in modern history (in purchasing power parity, PPP, terms), the middle-income countries now outspend the rich countries in terms of public-sector investments in food and agricultural R&D; (2) the shifting public shares reflect a continuing decline in the rate of growth of food and agricultural R&D spending by the rich countries, along with a generally sustained and substantial growth in spending by the middle-income countries (especially China, India, and Brazil); (3) in PPP terms, China now spends more than the United States on both public- and private-sector food and agricultural R&D; (4) the global share of food and agricultural R&D being conducted by the private sector has increased, especially in the high- and rapidly growing middle-income countries; and (5) the low-income countries are losing ground and account for an exceptionally small share of global spending. The mean and median values of the reported rates of return to food and agricultural R&D based on the IRR are high and remain so, with no signs of a diminution in the payoffs to more recent (compared with earlier) investments in R&D. But the available evidence on the returns to food and agricultural R&D is not fully representative of the institutional (i.e., public versus private), locational, or commodity orientation of the research and the agricultural sector itself. The Shifting Structure of Agricultural R&D: Worldwide.... Available from: https://www.researchgate.net/publication/321253196_The_Shifting_Structure_of_Agricultural_RD_Worldwide_Investment_Patterns_and_Payoffs [accessed May 15 2018].
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