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Handout 3.1: Looking at Industrial and Agricultural

Agricultural Innovation:1 “A form of modern farming that refers to the industrialized production of , poultry, and crops. The methods it employs include innovation in and farming methods, genetic , techniques for achieving in production, the creation of new markets for consumption, the application of protection to genetic information, and global trade.”

Benefits Downsides + Cheap and plentiful ‐ Environmental and social costs + Consumer convenience ‐ Damage to fisheries + Contribution to the economy on many levels, ‐ Animal waste causing surface and from growers to harvesters to sellers ‐ Increased health risks from ‐ Heavy use of fossil fuels leading to increased ozone pollution and global warming

Factors that influence agricultural innovation • Incentive or regulatory government policies • Different abilities and potentials in agriculture and food sectors • Macro economic conditions (i.e. quantity and quality of public and private infrastructure and services, human capital, and the existing industrial mix) • The knowledge economy (access to agricultural knowledge and expertise) • Regulations at the production and institution levels

The Challenge: Current industrial agriculture practices are temporarily increasing the Earth’s carrying capacity of humans while slowly destroying its long‐term carrying capacity. There is, therefore, a need to shift to more sustainable forms of industrial agriculture, which maximize its benefits while minimizing the downsides.

Innovation in food Example (Real or hypothetical) processing Cost reduction / productivity improvement Quality enhancement / sensory performance Consumer convenience / new varieties Nutritional delivery / “healthier” Food safety

1 www.wikipedia.org