Public-Private Partnerships for agricultural innovation: opportunities and challenges in world practice

• Main Authors: Trotsenko Oksana, Slukin Sergey
• Format: Article
• Language: English
• Published: EDP Sciences 2020-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/36/e3sconf_idsisa2020_06004.pdf

The importance of Public Private Partnership (PPP) in agriculture is understood in terms of a shared mechanism among partners for input, resource, market, risk, technology and benefits. In addition, review of various studies indicated the visibility of PPP in various facets of knowledge management, capacity building of youth, development of high end technologies, processing and market promotion in agriculture. The partnership approach apart from developing certain technologies also empowered farmers in terms of enhanced access to technology and market in Russia through organized farmers groups. The limitations of PPP such as focus mainly on high end technologies, high profit margin areas and crops, perceived mistrust and lack of transparency and non-adherence to agreement among partners could be overcome through appropriate working mechanism and policy support. Establishing PPP cell at research and development organizations would spearhead the growth of PPP and thereby sustainable agriculture and livelihood of millions of farm in Russia. The article will be interesting and useful for students of law and economic faculties, it helps them to understand the latest techniques relevant to a particular sector in PPP and or to understand how responses developed in jurisdictions where PPP is firmly established might be applied to new markets.