We used survey data collected from cotton producers in eleven U.S. states to address the issues of correlated events and individual heterogeneity in multiple precision technologies adoption. Results from a conditional frailty model indicated that younger, better educated cotton producer adopted...

Technology and innovation play an increasingly important role in the economic development of both developed and developing countries. We investigate how policy and market factors influence firms’ (or other potential innovators’) decisions on innovation or imitation by developing a conceptual...

Replaced with revised version of poster 07/19/11.

There is a well known saying: Research converts money into knowledge, innovation converts knowledge into money.The knowledge-based economy has four pillars: innovation, education, the economic and institutional regime, and informationinfrastructure. Transformation towards a knowledge-based...

State system of innovative business support was created in Latvia during last years and the first conclusions about the efficiency of this system can be made at present time. To evaluate the efficiency of innovative business support system it is necessary to compare in some way innovative and...

Recent changes in U.S. energy policy have prompted the growth of the bio energy market. The ability to quickly enter and respond to the opportunities of this market is critical to an agribusiness’ success. Understanding entry into this rapidly growing bio energy market,however, is not well...

This article characterizes anticipated changes in fleet structure, vessel harvesting activity, and economic performance in the Pacific Coast groundfish fishery under an individual fishing quota management program. Results suggest that the current fleet of 117 vessels will be reduced by roughly...

We use a computable general equilibrium (CGE) model to investigate impacts of three exogenous shocks to Alaska fisheries: i) a 31% reduction in the walleye pollock allowable catch; ii) a 125% increase in fuel price; and iii) both shocks simultaneously. The latter scenario reflects actual industry...

Traditional surplus production models are based on restrictive assumptions of fish population dynamics and distribution, fish catch, and fishing effort, and can provide misleading guidelines for fisheries management. Following a review of two conventional models and later contributions, this...