Factors Involved in the Adoption of New Technologies by Industry and Agricultural Producers

Many new technologies involving agricultural commodities will not be final consumer products, rather they will be inputs into the manufacture of other products. The new technologies may be new manufacturing processes (to accommodate a new raw material), or intermediate products that will be used in the production of other products (e.g., plastics are used to manufacture final consumer products). Adoption and incorporation of new materials, processes, and technologies into the manufacturing procedures of firms is a key component to the success of newly developed and commercialized technologies that use agricultural commodities.