Commercialisation of genetically modified crops in New Zealand

Authors

  • M.J. Willocks

DOI:

https://doi.org/10.33584/jnzg.1999.61.2346

Abstract

Commercialisation of genetically modified organisms creates new challenges for marketers and developers of this technology. The cost of development is high, and the need to gain a return on investment that reflects this cost is critical to ensure that this technology is brought to New Zealand agriculture. A further challenge is that the regulatory requirements differ from those required for non-transgenic crops. Once introduced into the market, it is important to develop a product stewardship programme to ensure continued trait performance and prevent factors arising that will negate the value of these traits such as pest resistance. Keywords: genetically modified organisms, market analysis, product stewardship, regulatory process, return on investment

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Published

1999-01-01

Issue

Section

Articles