@article{Lu:333631, recid = {333631}, author = {Lu, Yao-Chi}, title = {Technological Innovation and Productivity Growth in U.S. Agriculture}, address = {1980-01}, number = {1962-2023-468}, series = {Joint Planning and Evaluation Staff Paper Series No. 80-BI-01}, pages = {56}, year = {1980}, note = {This paper was prepared for presentation at the Workshop on Innovation Policy and Firm Strategy sponsored by the International Institute of Applied Systems Analysis on December 4-6, 1979, in Laxenburg, Austria. It was based on the results and methodology presented in the report--Prospects for Productivity Growth in U.S. Agriculture by Yao-Chi Lu, Philip Cline, and Leroy Quance, USDA, ESCS, Agricultural Report No. 435, September 1979. In this paper, projections of agricultural productivity were updated and extended from the year 2000 to year 2025 and two scenarios were added to evaluate the effects of reduced funding for research and extension on agricultural productivity growth. }, abstract = {The growth rate for year for U.S. agricultural productivity through the year 2025 may decline if the past trend of support for research and extension extends into the future. However, with increased support for research and extension, three major emerging technologies--photosynthesis enhancement, bioregulators, and twinning beef cattle--may be developed and adopted by farmers before the turn of the century. Adoption of these emerging technologies will shift productivity growth to a higher growth curve. It was projected under these circumstances that the growth rate through the year 2025 may equal the historical rate.}, url = {http://ageconsearch.umn.edu/record/333631}, doi = {https://doi.org/10.22004/ag.econ.333631}, }