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Ebooks on agriculture and the applied life sciences from CAB International

CABI Book Chapter

The biotechnology revolution in global agriculture: innovation, invention and investment in the canola industry.

Book cover for The biotechnology revolution in global agriculture: innovation, invention and investment in the canola industry.

Description

This book reviews the global canola sector in order to identify fundamental trends resulting from the adoption of biotechnology. It examines the sector over an extended period, looking at its local origins, regional growth and international expansion; analyses public policy affecting commercialization; and estimates the costs and benefits of changes. It is aimed at government and industry research...

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Chapter 12 (Page no: 213)

Regulating domestic markets.

This chapter focuses on (1) what motivated domestic government intervention, in the form of regulations, in agricultural biotechnology market transactions; (2) how domestic governments regulate market transactions; and (3) what the impact of domestic regulations on the development and commercialization of agricultural biotechnology is. The chapter demonstrates that there is a symbiotic relationship between consumer acceptance and formal regulatory approval. It discusses how products of agricultural biotechnology (particularly rape) raise crucial consumer concerns that may adversely impact consumer acceptance and that motivate government regulatory intervention. The alternative theoretical specifications that may be more congruent with both the evolving nature of knowledge-based agrifood products and the asymmetry of consumer concerns across both products and regions are highlighted. An examination of the evolving domestic regulatory and marketing systems in Canada, USA, Japan, the EU, and a cross-section of developing countries, is presented. These comparisons illustrate the critical role of both governments and producers in managing the marketing of a knowledge-based product. Some new and evolving consumer concerns about modern agricultural biotechnology are assessed. The implications of government regulatory intervention on the development and commercialization of agricultural biotechnology products, are examined in an attempt to identify those regulatory interventions most conducive to development and commercialization.

Other chapters from this book

Chapter: 1 (Page no: 3) Introduction and overview. Author(s): Phillips, P. W. B. Khachatourians, G. G.
Chapter: 2 (Page no: 23) Approaches to and measurement of innovation. Author(s): Phillips, P. W. B. Khachatourians, G. G.
Chapter: 3 (Page no: 33) An introduction to the history of canola and the scientific basis for innovation. Author(s): Khachatourians, G. G. Sumner, A. K. Phillips, P. W. B.
Chapter: 4 (Page no: 49) Innovation in the canola sector. Author(s): Phillips, P. W. B.
Chapter: 5 (Page no: 75) The evolving industry. Author(s): Phillips, P. W. B.
Chapter: 6 (Page no: 83) Industrial development and collective action. Author(s): Gray, R. S. Malla, S. T. Phillips, P. W. B.
Chapter: 7 (Page no: 105) The role of public-sector institutions. Author(s): Phillips, P. W. B.
Chapter: 8 (Page no: 129) The role of private firms. Author(s): Phillips, P. W. B.
Chapter: 9 (Page no: 161) The impact of location on production. Author(s): Phillips, P. W. B.
Chapter: 10 (Page no: 189) Why regulate the market? Author(s): Phillips, P. W. B.
Chapter: 11 (Page no: 197) Regulating discovery. Author(s): Phillips, P. W. B.
Chapter: 13 (Page no: 243) Regulating international trade in knowledge-based products. Author(s): Phillips, P. W. B. Isaac, G. E.
Chapter: 14 (Page no: 273) The theory of the gains from research. Author(s): Phillips, P. W. B.
Chapter: 15 (Page no: 281) The aggregate gains from research. Author(s): Malla, S. T. Gray, R. S. Phillips, P. W. B.
Chapter: 16 (Page no: 297) Distributing the gains: producers, consumers and others. Author(s): Phillips, P. W. B. Fulton, M. E. Keyowski, L. Malla, S. T. Gray, R. S.
Chapter: 17 (Page no: 317) Lessons for the future. Author(s): Phillips, P. W. B. Khachatourians, G. G.