Biotechnology Revolution in Global Agriculture: Invention, Innovation, & Investment in the Canola Sector

About this book

Biotechnology processes are fundamentally changing the nature of the products being produced in the industry. Since 1990 when the commercialization of a variety of genetically modified (GM) tobacco first appeared in the agri-food system, a host of other GM crops including corn, cotton, soybeans, canola and flax have been released. This book reviews the global canola sector in order to identify fundamental trends resulting from the adaptation of biotechnology. It examines the sector over an extended period, looking at its local origins, regional growth and international expansion, analyzes public policy affecting commercialization and estimates the costs and benefits of changes. It should be of interest to government and industry researchers and students involved in the areas of agricultural economics, plant biotechnology and crop sciences.

Contents

Approaches and measurement of innovation; an introduction to the history of canola and the scientific basis for innovation; innovation in the canola sector; the evolving industry; industrial development and collective action; the role ofpublic sector institutions; the role of private firm; the impact of location on production; why regulate the market?; regulating discovery; regulating domestic markets; regulation international trade in knowledge based products; the theory of the gains to research; the aggregate gains from research; distributing the gains from research; lessons for the future

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