Technology Adoption by Agricultural Producers: A Review of the Literature.

Ugochukwu A.I., Phillips P.W.B. (2016) Technology Adoption by Agricultural Producers: A Review of the Literature. In: Kalaitzandonakes N., Carayannis E., Grigoroudis E., Rozakis S. (eds) From Agriscience to Agribusiness. Innovation, Technology, and Knowledge Management. Springer, Cham
The increasing rate of technological advancement across various disciplines, and in particular the agricultural sector, has resulted in increased efficiency and productivity. Recent advances in biotechnology research and development offer new prospects for increased food production and security in various jurisdictions. However, adoption and commercialization of existing and emerging technologies both at the farm and industry levels have been of great concern to governments and the food industry. This chapter provides a review existing literature on technology adoption in agriculture, explores different dimensions of technologies and factors influencing their adoption, and examines returns on investment in technological research and development.