Purpose – To illustrate problems a developing country faces in generating and managing agricultural R&D funds and to portray some practical solutions to these problems. Design/methodology/approach – A case study of cocoa and coconut R&D in Papua New Guinea is used to illustrate the problems...

Purpose – To illustrate problems a developing country faces in generating and managing agricultural R&D funds and to portray some practical solutions to these problems. Design/methodology/approach – A case study of cocoa and coconut R&D in Papua New Guinea is used to illustrate the problems...

The financial performance of 240 farms in a drought‐affected agricultural region of Australia is analysed. The decadal study period included some years of widespread drought, as well as years with only subregional droughts or no drought. Some droughts created larger adverse financial impacts...