Pragmatic Selection of R,D&E Investments in Primary Industries

dc.creatorMcClintock, Anthea
dc.creatorMalcolm, Bill
dc.creatorCrean, Jason
dc.creatorJackson, Tom
dc.creatorHeath, James
dc.date2017-04-01T19:41:03Z
dc.date.accessioned2026-07-09T07:13:52Z
dc.descriptionInformation deficiencies make selecting investments in R,D & E projects a difficult and uncertain task. Gardner (2004) likened the challenges and uncertainties of choosing the right mix of R,D&E projects to that of recruiting football players or breeding racehorses. In this paper approaches are examined to improving the odds of selecting, from a myriad of choices, more of the investments that are likely to deliver sound economic, social and environmental outcomes in primary industries. Pragmatism rules. The approaches proposed are a pragmatic way of evaluating R,D&E investment opportunities ex ante under the conditions where research opportunities are almost unlimited and budgets limited and falling.
dc.identifierdoi:10.22004/ag.econ.152169
dc.identifierhttps://ageconsearch.umn.edu/record/152169/files/CP%20McClintock.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/152169
dc.identifier.urihttp://hdl.handle.net/123456789/585990
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/152169
dc.titlePragmatic Selection of R,D&E Investments in Primary Industries
dc.typeText

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