Public science, biotechnology, and the industrial organization of agrofood systems

Abstract

Concentration in the agricultural biotechnology sector and general patterns of restructuring raise important policy questions regarding public investments in research and extension. We argue that the most valuable contributions public sector organizations can make to development lie in: 1) fostering a decentralized system of innovation; 2) constructing capacity for the differentiation of technologies, organizational forms, and consumer products; and 3) maintaining the potential for radical innovation through leadership in fundamental research.