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Intellectual property rights such as patents protect new inventions from imitation and competition. Patents' major objective is to provide incentives for invention, sacrificing short-term market efficiency for long-term economic gains. Although patents are primarily granted to private firms,...
Persistent link: https://www.econbiz.de/10005476464
Global climate models predict increases over time in average temperature worldwide, with significant impacts on local patterns of temperature and precipitation. The extent to which such changes present a risk to food supplies, farmer livelihoods, and rural communities depends in part on the...
Persistent link: https://www.econbiz.de/10010882109
Meeting growing global demand for food, fiber, and biofuel requires robust investment in agricultural research and development (R&D) from both public and private sectors. This study examines global R&D spending by private industry in seven agricultural input sectors, food manufacturing, and...
Persistent link: https://www.econbiz.de/10009653576
Evaluation of publicly funded research can help provide accountability and prioritize programs. In addition, Federal intramural research planning generally involves an institutional assessment of the appropriate Federal role, if any, and whether the research should be left to others, such as...
Persistent link: https://www.econbiz.de/10008682670