Farmers in developing countries potentially face many constraints as well as uncertainty related to estimating benefits and costs of new technologies. Some of these constraints are due to input and output market constraints in addition to credit, labor, land, and asset limitations.
Another set of challenges farmers face include learning about new beneficial technologies through social learning and social networks. Therefore it is essential to understand how farmers make investment decisions so they may design better farming decisions.
This presentation is based on the AMA Innovation Lab projects for the Mind the Gap Workshop. This workshop was designed to allow for discussion of the pressing problem of the “yield gap” and the constraints to technology adoption that cause it.
This presentation took place at the Ronald Reagan Building, Polaris Room and International Center, United States on November 3, 2016.