World Food Policy WFP Volume 4, No. 2, Spring 2018 | Page 23

World Food Policy • Vol. 4, No. 2 / Spring 2018 The Role of Multinational Corporations in the Supply of Agricultural Production Technology to China & India Carl Pray, Latha Nagarajan and Anwar Naseem 1 Abstract Policy makers in Asia have long struggled with the challenge of how to access agricultural technology from multinational corporations (MNCs)while protecting their farmers and food and input indus- tries from excess market power. This paper describes the pathways by which farmers can access technology and research capacity from foreign firms. Then it examines some of the policies that India and Chinese governments have used to encourage access. The recent history of research and technology transfer to these countries is re- viewed to do a preliminary assessment of how these policies work. India has had a much more liberal policy on foreign investment in recent years which resulted in more access to MNC research and technology. So far, however, there are no studies that show this pol- icy led to higher benefits to farmers or lower costs of transferring technology. Studies of benefits and costs of these policies could be very useful to Indian and Chinese policy makers. Keywords: Foreign direct investment, agricultural technology, technology transfer, industrial policy, agricultural research. El papel de las corporaciones multinacionales en el suministro de tecnología de producción agrícola China e India Resumen Los responsables de la formulación de políticas en Asia han lucha- do durante mucho tiempo con el desafío de cómo acceder a la tec- nología agrícola de las corporaciones multinacionales (CMN) al tiempo que protegen a sus agricultores y las industrias de alimen- 1 Rutgers University 19 doi: 10.18278/wfp.4.2.3