The Economic Status and Performance of Plant Biotechnology in 2003: Adoption, Research and Development in the United States. Runge, C., F. & Ryan, B. 2003.
abstract   bibtex   
[From Executive Summary] Plant biotechnology in the United States is a growing industry offering remarkable economic, social and environmental opportunities in the years ahead. The adoption of biotech crops by farmers has been rapid and profitable. Progress on the research front has moved into a new phase, with biotech traits promising an increasingly wide range of consumer and environmental benefits. Plant biotech is also creating new jobs – and good jobs – beyond the farm gate. Sustaining the revolution in plant biotechnology will require a continued commitment to both public and private sector research and development. • The purpose of this study is to put progress in plant biotechnology in context, and to appraise both its current place and likely future. It is an economic assessment of the status and performance of plant biotechnology and ongoing research and development in the United States. • The study is focused on eight crops: corn, soybeans, cotton, rapeseed/canola, wheat, potatoes, sugar beets and rice. Given this focus it assesses four fundamental issues: 1) What is the current level of adoption of plant biotechnology and its value to producers and how have adoption decisions affected farm-level profits in the United States? 2) What are the main R&D activities in plant biotechnology, by crop and by trait, in both the private and public sector, based on available data? 3) What are the probable economic impacts of the technology beyond the farm gate in the creation of jobs and new economic opportunities, and what role do individual states play in value creation and research? 4) What is the future direction of both public and private R&D for the plant biotechnology sector?
@misc{
 title = {The Economic Status and Performance of Plant Biotechnology in 2003:  Adoption, Research and Development in the United States},
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 year = {2003},
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 abstract = {[From Executive Summary]  Plant biotechnology in the United States is a growing industry offering remarkable economic, social and environmental opportunities in the years ahead. The adoption of biotech crops by farmers has been rapid and profitable. Progress on the research front has moved into a new phase, with biotech traits promising an increasingly wide range of consumer and environmental benefits. Plant biotech is also creating new jobs – and good jobs – beyond the farm gate. Sustaining the revolution in plant biotechnology will require a continued commitment to both public and private sector research and development. • The purpose of this study is to put progress in plant biotechnology in context, and to appraise both its current place and likely future. It is an economic assessment of the status and performance of plant biotechnology and ongoing research and development in the United States. • The study is focused on eight crops: corn, soybeans, cotton, rapeseed/canola, wheat, potatoes, sugar beets and rice. Given this focus it assesses four fundamental issues: 1) What is the current level of adoption of plant biotechnology and its value to producers and how have adoption decisions affected farm-level profits in the United States? 2) What are the main R&D activities in plant biotechnology, by crop and by trait, in both the private and public sector, based on available data? 3) What are the probable economic impacts of the technology beyond the farm gate in the creation of jobs and new economic opportunities, and what role do individual states play in value creation and research? 4) What is the future direction of both public and private R&D for the plant biotechnology sector? },
 bibtype = {misc},
 author = {Runge, C Ford and Ryan, Barry}
}

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