@article{Wessels:54903,
      recid = {54903},
      author = {Wessels, J. and Anandajayasekeram, Ponniah and van Rooyen,  C.J. and Marasas, C.N. and Littlejohn, G. and Coetzee, C.},
      title = {DOES RESEARCH AND DEVELOPMENT PAY - THE CASE FOR  PROTEACEAE},
      journal = {Agrekon},
      address = {1998-12},
      number = {346-2016-15987},
      pages = {11},
      year = {1998},
      abstract = {This paper reports on the socio-economic impact of the  Proteaceae technology development
and transfer programme.  Farm level data were collected from the major role players  in the
industry, including cultivators, harvesters, agents  and nurseries. The five major production
regions were the  Western Cape, South Western Cape, Southern Cape, Cape  Peninsula and
Eastern Cape, but other small regions in the  Republic of South Africa (RSA) were also
included in the  study. Standard pretested mail questionnaires, supplemented  with personal
interviews, were used. This paper reports the  socio-economic impacts over the period 1974-
2005. Results  show that the rate of return for the financial and economic  analyses ranged
between seven and twelve percent, showing  that the research programme is a profitable
investment to  society. The Proteaceae programme contributed to the  conservation of
biodiversity, had institutional impact in  terms of training and technology transfer, while the
social  impact was indicated by employment generation through R&D  activities.},
      url = {http://ageconsearch.umn.edu/record/54903},
      doi = {https://doi.org/10.22004/ag.econ.54903},
}