No 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.

No abstract

No abstract

No abstract