Alternative Strategies for Funding Rural Research and Development in Australia
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Public sector support for rural research and development has a long history in
Australia. The recent Industry Commission report i.mo research and development
hu·gely accepted the contmuance of the present compulsory levy regime. backed by
the research and development corporation structure. In this paper. a number of
strategies for funding rural R&D are proposed. and in particular one involving
volut1tUI)1 contlibutions from individual producers is developed. Such an approach
has bath theoretical support and is practically feasible. Furthermore, it is suggested
that it will specifically address some of the problems identified by the Industry
Commission in the area of rural R&D.