Development Enhancing Investments
From SDG Academy on 20 August, 2019
Investments and institutions can accelerate the pace of innovation, the speed of productivity growth, and the kinds of new technologies that are available to low-incomes farmers to improve the food system in various ways and can run on basic infrastructure. New knowledge is the most powerful investment and is necessary for production and to develop technology; this can be local experimentation as well as scientific knowledge and discovery. The institutions that govern intellectual property (IP) rights come into conflict with public domain knowledge; how governments manage IP plays a big role in how technology develops and whether monopoly power develops. A major issue to consider is whether members of society are able to join social institutions, whether its a farmer organization or a civic society group of some sort so that they can articulate claims on knowledge or natural resources, etc.