Private Sector Investment in Agricultural R&D in Australia

Private Sector Investment in Agricultural R&D in Australia

$77.00

A key driver of agricultural productivity growth is agricultural research and development (R&D) investment, but trends over recent decades indicate that public agricultural R&D investment levels are declining in real terms. There has been some suggestion that the private sector will increase agricultural R&D investment and become more important as a driver of agricultural productivity, but surprisingly little is known about private sector agricultural R&D investment trends, especially in a country such as Australia which has a relatively small and somewhat unique agricultural sector. This research investigates these issues through desktop research and an industry survey.

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