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Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China

Deng, Haiyan ; Hu, Ruifa ; Pray, Carl ; Jin, Yanhong

Technological forecasting & social change, 2019-10, Vol.147, p.208-215 [Periódico revisado por pares]

New York: Elsevier Inc

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Título:
Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China
Autor: Deng, Haiyan ; Hu, Ruifa ; Pray, Carl ; Jin, Yanhong
Assuntos: Agribusiness ; Agricultural biotechnology ; Agricultural production ; Agrochemicals ; Biotechnology ; China ; Collaboration ; Companies ; Cooperation ; Genetic modification ; Government ; Institutes ; Investment ; Investments ; Organic chemistry ; Pesticides ; Policies ; Policy analysis ; Private R&D investment ; Public policy ; Public sector ; R&D ; Research & development ; Research facilities ; Subsidies ; Subsidies (financial)
É parte de: Technological forecasting & social change, 2019-10, Vol.147, p.208-215
Descrição: China has put in place a series of policies to support private companies to engage in biotechnology research. This study uses data from a survey of 103 major agribusiness firms in the agricultural chemical and seed industries in China to evaluate the impact of government policies on private R&D investment in biotechnology. The results show that firms with positive profit expectation, public R&D subsidies, R&D collaboration with universities/research institutes or state-owned enterprises are more likely to embark on biotechnology research activities. Past patenting activity, R&D subsidies and collaboration with public sector research increase firms' biotechnology R&D investment while firms already selling genetically modified products and firms that are state-owned spend less on R&D. Our findings suggest that government policy does have an important impact on firms' biotechnology R&D investment. •Public R&D subsidy and collaboration with universities stimulate firms to increase R&D investment in biotechnology.•Strengthening intellectual property rights in seeds, chemicals and biotech could induce more private research.•State-owned enterprises are more likely to do research, but they do less research than other firms that conduct research.
Editor: New York: Elsevier Inc
Idioma: Inglês

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Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China

Deng, Haiyan ; Hu, Ruifa ; Pray, Carl ; Jin, Yanhong

New York: Elsevier Inc

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