Trends and composition of private food and agricultural R & D expenditures in the United States

Carl E. Pray, Catherine Neumeyer

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This article presents new data on the level and trends in private sector R & D on food, agriculture, and agricultural inputs. Private food and agricultural R & D grew about 4.6% annually between 1960 and 1986. The growth rate went down to 3.8% between 1980 and 1986. Much of the decline was accounted for by the decline in agricultural machinery R & D. Research divided by sales increased during the 1980s, indicating that the slowdown in R & D growth was due to the slowdown in sales rather than mergers or decreasing productivity of R & D.

Original languageEnglish (US)
Pages (from-to)191-207
Number of pages17
JournalAgribusiness
Volume6
Issue number3
DOIs
StatePublished - May 1990

All Science Journal Classification (ASJC) codes

  • Food Science
  • Geography, Planning and Development
  • Animal Science and Zoology
  • Agronomy and Crop Science
  • Economics and Econometrics

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