009
Who Benefits from Genetic Improvement?

Tuesday, August 19, 2014: 5:00 PM
Stanley Park Ballroom (The Westin Bayshore)
Robert Banks , University of New England, Armidale, Australia
Abstract Text:

Genetic improvement delivers benefits in the form of trait changes, informed markets for seedstock, and expertise and capacity among breeders. The primary beneficiaries of the trait changes have generally been believed to consumers. This is not automatically the case. This belief has been used to support arguments for community support for genetic improvement. Re-framing the question “who benefits” as “what changes are valuable, and how best to fund the improvement” is suggested as a more useful approach. From this perspective, more traits and a longer time horizon are preferred. The challenge of supporting the phenotypic recording required in the face of market failure remains, and a mechanism is proposed for addressing this, applicable where there are collective funds available for industry development.

Keywords:

Investment costs and returns

Phenotypic recording