Private-Sector Research and Development

  • Keith O. Fuglie
  • Matthew Clancy
  • Paul W. Heisey
Chapter
Part of the Innovation, Technology, and Knowledge Management book series (ITKM)

Abstract

Over the past several decades, the private sector has assumed a larger role in research and development (R&D) for food and agriculture. Private companies fund nearly all food processing R&D and perform a growing share of production-oriented R&D for agriculture. The willingness of private companies to invest in agricultural R&D has been influenced by policies toward intellectual property rights, regulations, and antitrust. As private R&D capacity in food and agriculture has grown, so have institutional partnerships for public-private research collaboration. An important implication for public science policy is whether public R&D complements or competes with private R&D. This chapter reviews these developments and the major forces driving them.

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  • Keith O. Fuglie
    • 1
  • Matthew Clancy
    • 1
  • Paul W. Heisey
    • 1
  1. 1.USDA Economic Research ServiceWashington, DCUSA

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