Jump to Main Content
Private investment in livestock breeding with implications for public research policy
- Narrod, C.A., Fuglie, K.O.
- Agribusiness 2000 v.16 no.4 pp. 457
- livestock, animal breeding, genetic improvement, private sector, demand, market competition, intellectual property rights, technology, world markets, United States
- The private sector is playing an increasingly important role in livestock genetic improvement. Specialized breeding firms now supply virtually all commercial poultry breeding stock and growing market shares of improved genetic material for swine, beef, and dairy cattle. This article examines how incentives for private investment in livestock breeding are affected by consumer demand, market structure, intellectual property protection, new technologies, and market globalization. Survey results collected by the authors provide new evidence on the extent of private spending on livestock breeding. Implications of the findings for public and private roles in research on animal genetic improvement are discussed.