Welcome To Website IAS

Hot news

Independence Award

- First Rank - Second Rank - Third Rank

Labour Award

- First Rank - Second Rank -Third Rank

National Award

 - Study on food stuff for animal(2005)

 - Study on rice breeding for export and domestic consumption(2005)


- Hybrid Maize by Single Cross V2002 (2003)

- Tomato Grafting to Manage Ralstonia Disease(2005)

- Cassava variety KM140(2010)

Website links
Vietnamese calendar
Visitors summary
 Curently online :  7
 Total visitors :  4328313

Innovation Study Demonstrates Financial Benefits of HT Canola in Canada
Wednesday, 2020/02/19 | 08:25:40

In a wide study to assess the impacts of innovation, University of Saskatchewan researchers noted how GMO canolaherbicide tolerant in particular, helped farmers gain more than C$200 million in profit, among other benefits.


Researchers from the University of Saskatchewan investigated how the distribution of benefits makes an impact on innovation. It was noted that the distribution of benefits is important to innovation. Innovation comes in stages, and each stage must share a proportion of the benefits. This is illustrated in such scenarios as to when technology fails to benefit a manufacturer, that technology will not make it to the market; or when a product fails to bring benefits to the consumers, it is unlikely to be bought.


To better understand the distribution of impacts of innovation, the researchers focused to study the uses of innovation of herbicide tolerant (HT) canola to develop a baseline value of its benefits in Canada. In their study, they mentioned that the benefits of innovations are commonly measured in terms of money. Thus, the findings of the HT canola Canada-based baseline study include: (1) a C$233 million gain from the crop by three multinational enterprises from 1985 to 2020; (2) an estimated loss of C$400 million by other development firms and public canola breeding programs who did not adopt the HT canola; (3) Farmers gained C$208 million by adopting HT canola; (4) A gain of C$26 million by Canadian consumers through lower canola oil prices; and (5) A gain of C$19 million by consumers worldwide through the lower prices of Canadian canola.


Putting these information into perspective using five different policy options to assess the impacts, the researchers established three key impacts with regards to innovation: (1) Providing innovation incentives generates a larger positive impact than spread out over time; (2) delays in regulatory approvals has a larger negative impact compared to twice the cost of the regulatory approval; and (3) there is little incentive for the canola industry to endorse the intellectual property rights system when it is weakened by 50%.


The study concludes that when financial incentives are provided up-front as encouragement, it causes a higher level of benefits. The study also found that having an efficient regulatory system is important since regulatory delays reduce the overall level of benefits and cause costly consequences.


The details of the study were made available by author Stuart J. Smyth through SAIFood.

Back      Print      View: 19

[ Other News ]___________________________________________________
  • Beyond genes: Protein atlas scores nitrogen fixing duet
  • 2016 Borlaug CAST Communication Award Goes to Dr. Kevin Folta
  • FAO and NEPAD team up to boost rural youth employment in Benin, Cameroon, Malawi and Niger
  • Timely seed distributions in Ethiopia boost crop yields, strengthen communities’ resilience
  • Parliaments must work together in the final stretch against hunger
  • Empowering women farmers in the polder communities of Bangladesh
  • Depression: let’s talk
  • As APEC Concludes, CIP’s Food Security and Climate Smart Agriculture on Full Display
  • CIAT directly engages with the European Cocoa Industry
  • Breeding tool plays a key role in program planning
  • FAO: Transform Agriculture to Address Global Challenges
  • Uganda Holds Banana Research Training for African Scientists and Biotechnology Regulators
  • US Congress Ratifies Historic Global Food Security Treaty
  • Fruit Fly`s Genetic Code Revealed
  • Seminar at EU Parliament Tackles GM Crops Concerns
  • JICA and IRRI ignites a “seed revolution” for African and Asian farmers
  • OsABCG26 Vital in Anther Cuticle and Pollen Exine Formation in Rice
  • Akira Tanaka, IRRI’s first physiologist, passes away
  • WHO calls for immediate safe evacuation of the sick and wounded from conflict areas
  • Farmer Field School in Tonga continues to break new ground in the Pacific for training young farmers
Designed & Powered by WEBSO CO.,LTD