Journal
APPLIED ECONOMIC PERSPECTIVES AND POLICY
Volume 43, Issue 4, Pages 1260-1285Publisher
WILEY
DOI: 10.1002/aepp.13145
Keywords
agribusiness; digital agriculture; innovation
Categories
Funding
- World Bank
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Digital agriculture provides opportunities for agricultural transformation, driven by private firms. Concerns include market concentration and the digital divide, but a combination of new actors and public action can help accelerate technology supply, manage market concentration risks, and provide opportunities for all.
Digital agriculture offers far-reaching opportunities for accelerating agricultural transformation. Based on empirical evidence and guided by economic theory, this study shows that digital agriculture is driven by private firms, including established input firms and global software firms and start-ups that are new to agriculture. Although there are concerns that digital agriculture will enhance the market power of large agribusiness enterprises and increase the digital divide, a combination of new actors and public action can help accelerate the supply of digital agricultural technology, manage threats of market concentration, and harness the opportunities of digital agriculture for all.
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