Agriculture and technology

IN 1971, professors Yujiro Hayami and Vernon Ruttan published a discussion paper, titled "Induced Innovation in Agricultural Development," for the highly reputable Department of Economics, University Minnesota in the United States. There are two valuable theses they proffered in this article.

One is that agricultural development, even at the very beginning of mankind, only occurs whenever innovation is introduced. From the use of fire and stones for cultivation and cutting of objects by our ancestors, to the application of combine tractor in farming and the altering of genes to produce better seeds, these are all innovations that fostered progress in agricultural undertakings.