Governing of agrarian innovations

This paper adapts the principles of the new developing New Institutional and Transaction Cost Economics (integrating Economics, Organization, Law, Political and Behavioral Sciences) to the area of agrarian research and innovations. The major institutional, behavioral, dimensional, technological and transaction costs factors for governing research and innovation activities are determined. The specific market, private, public and hybrid modes for organization of agrarian innovations are specified. The effective boundaries of different governing modes are assessed, and needs and forms for public intervention in agrarian research and innovation are clarified.