By now the story of agrobiotechnology is well known. After almost twenty years in the lab and the experimental fields, agrobiotechnology arrived at the market in the mid-1990s and was quickly embraced by farmers in key agricultural producing countries (James). Consumers in Europe, and more recently in other parts of the world, however, have been skeptical and often combative toward the new technology (Gaskel, Bauer, and Durant). This apparent dissonance between technology providers and users, on the one hand, and some consumer quarters on the other hand, has led some to speculate that agrobiotechnology is heading the way of nuclear energy--a promising technology but ultimately one with unfulfilled expectations (Mitsch and Mitchell). Interestingly, such gloomy predictions coincided with others that hailed agriculture as the primary beneficiary of the emerging genomics revolution (Abelson). Will agrobiotechnology live up to the high expectations set out by its purveyors for over a quarter of a century? While it may be difficult to predict the future trajectories of agrobiotechnology, the factors that will shape them are more or less understood. Technical prospects, institutions, and markets will shape the future of agrobiotechnology. In this paper, the author looks at emerging trends in these key factors and discusses their implications for the future of agrobiotechnology and for national competitiveness.
[1]
Mark Cantley,et al.
Regulations and consumer attitudes toward biotechnology
,
1999,
Nature Biotechnology.
[2]
W. W. Lin,et al.
Biotechnology: U.S. grain handlers look ahead.
,
2000
.
[3]
P. Romer.
Endogenous Technological Change
,
1989,
Journal of Political Economy.
[4]
P H Abelson,et al.
A Third Technological Revolution
,
1998,
Science.
[5]
D. North.
Institutions, Institutional Change and Economic Performance: Economic performance
,
1990
.
[6]
Nicholas Kalaitzandonakes,et al.
Vertical and Horizontal Coordination in the Agro-biotechnology Industry: Evidence and Implications
,
1997,
Journal of Agricultural and Applied Economics.
[7]
David McElroy,et al.
Moving agbiotech downstream
,
1999,
Nature Biotechnology.
[8]
D. Hudson,et al.
Willingness to Plant Identity Preserved Crops: The Case of Mississippi Soybeans
,
2001,
Journal of Agricultural and Applied Economics.
[9]
N. Kalaitzandonakes,et al.
Biotechnology and Identity-Preserved Supply Chains: A Look at the Future of Crop Production and Marketing
,
1998
.
[10]
Gerald A. Carlson,et al.
Transgenic Technology for Crop Protection: The New "Super Seeds"
,
1997
.
[11]
J. Falck-Zepeda,et al.
Surplus Distribution from the Introduction of a Biotechnology Innovation
,
2000
.