Index-Based Livestock Insurance (IBLI) is the world’s first index-based insurance designed to protect vulnerable pastoralists in drought-stricken areas from losing their primary asset—livestock. This case study demonstrates the opportunities and challenges emerging from the IBLI project. It explains the need to establish the product in locations with large vulnerable pastoralist populations and encourages students to consider and develop an IBLI growth strategy.
This article examines how research on the agriculture and agrifood systems mobilizes the concept of Innovation System (IS). A literature review on the IS provides an analytical framework for determining its theoretical frame of reference, its area of application and its uses.