From June 11-14, I had the pleasure of attending the International Consortium on Applied Bioeconomy Research (ICABR) Conference. This conference is the premiere conference on evidence of the benefits of biotechnology innovations as well as bioeconomy contributions towards mitigating greenhouse gas emissions. The conference is widely attended by academics across North and South America and Europe, with smaller contingents from Africa and Asia. I have been lucky enough to be attending since 2000, and am the incoming President for 2025.
The theme of this year’s conference was the importance of innovation for increasing agricultural production. One key message included the fundamental importance of increased agricultural productivity for economic growth. Douglas Gollin from Tufts University highlighted evidence dating back to the early 1960s about the connections between increased agricultural production and economic growth. Complementing this was a presentation by Keith Fuglie from the USDA on how improved productivity is increasingly due to the results of innovation and not from increased land use. Carolyn Fischer from the World Bank also provided interesting insights into how European environmental policies impact developing countries, especially in terms of exports.
A panel session was organized by the World Intellectual Property Office (WIPO), highlighting the importance of intellectual property rights for increased production. Intan Hamdan-Livramento from WIPO illustrated how the products of 626 economy wide innovations have created over $300 trillion in exports. This session also discussed that while innovation is important for industrial countries, it is especially important for developing countries. Intellectual property in crop agriculture is increasing, indicating that these innovation protection mechanisms are encouraging investments in the development of new crop varieties and technologies.