The Biotechnology Revolution in Global Agriculture: Innovation, Invention, and Investment in the Canola Industry

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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 adoption of biotechnology. It examines the sector over an extended periods, looking at its local origins, regional growth and international expansion, analyzes public policy affecting commercialization and estimates the costs and benefits of changes. It is essential reading for governement and industry researchers and students involved in the areas of agricultural economics, plant biotechnology and crop science.

Table of Contents

Contributors
Preface
Acknowledgements
1 Introduction and Overview 3
2 Approaches to and Measurement of Innovation 23
3 An Introduction to the History of Canola and the Scientific Basis for Innovation 33
4 Innovation in the Canola Sector 49
5 The Evolving Industry 75
6 Industrial Development and Collective Action 83
7 The Role of Public-sector Institutions 105
8 The Role of Private Firms 129
9 The Impact of Location on Production 161
10 Why Regulate the Market? 189
11 Regulating Discovery 197
12 Regulating Domestic Markets 213
13 Regulating International Trade in Knowledge-based Products 243
14 The Theory of the Gains to Research 273
15 The Aggregate Gains from Research 281
16 Distributing the Gains: Producers, Consumers and Others 297
17 Lessons for the future 317
Bibliography 339
Index 355

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