The startups are an exemplar that great things are done by a series of small things brought together. Taking one small step at a time, moving from one problem to another and solving the issues by disruptive innovation is what these startups are trying to achieve. The startups are not only creating new jobs which means more employment but are also leaving a ripple effect on the socio-economic fabric of the demography in which they are operating. The world has become a playfield for these young entrepreneurs as the global startup revolution continues to grow.
While several studies have shown that genetically modified Bt cotton can benefit smallholder farmers economically, the sustainability of these effects is still unclear and debated controversially between biotechnology proponents and critics. We use unique panel data of 533 cotton farmers, collected in India between 2002 and 2008, to analyze Bt impacts on cotton yield, profit, and household living standards. Results from fixed effects models show that the adoption of Bt cotton is associated with a net yield gain of 24% and a profit increase of 50%.
Agricultural research and innovation has been a major source of agricultural growth in developing countries. Unlike most research on agricultural research and innovation which concentrated on the role of government research institutes and the international agricultural research centers of the Consultative Group for International Agricultural Research, this paper focuses on private sector research and innovation. It measures private research and innovation in India where agribusiness is making major investments in research and producing innovations that are extremely important to farmers.