Innovation Ecosystem in Agriculture Economy
Meaning An innovation ecosystem in the agriculture economy refers to a structured and interconnected network of stakeholders, institutions, technologies, policies, and market systems that collectively promote agricultural innovation. It includes farmers, agribusiness firms, research institutions, universities, financial institutions, government agencies, startups, extension services, and consumers working together to develop, adopt, and scale new agricultural solutions. This ecosystem approach emphasizes that innovation in agriculture does not occur independently but emerges from collaboration, knowledge exchange, technological advancement, and supportive regulatory environments that enhance productivity, sustainability, and profitability. Introduction Agriculture plays a vital role in economic development, especially in developing economies where it contributes significantly to employment, income generation, and food security. However, the sector faces increasing challenges ...