[Editor’s note: Margaret Zeigler is executive director of the Global Harvest Initiative, a private-sector voice for productivity growth throughout the agricultural value chain.]
Maintaining high productivity growth requires robust investment in agricultural R&D from both the public and private sectors.
Every public dollar invested in agricultural research in the U.S. provides at least $10 and up to $20 in economic benefits to society, a powerful return on investment that provides strong bang for the public agricultural research buck.
Yet U.S. public agriculture R&D investment has been flat since the 1980s and has declined 6 percent since 2000.
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Solutions lie in ensuring that funding for a wide range of U.S. agriculture research programs remains robust, as well as in improving the structure and collaboration of agriculture research.
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Gradually increasing [these] investments … over the next several years could unleash a powerful research pipeline to ensure the U.S. remains competitive with other nations, such as China, that have already boosted their research investments.
The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion, and analysis. Read full, original post: Want more affordable and sustainable food? Invest in R&D.
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