Public-private partnerships are a new way of carrying out research and development (R&D) in Latin America's agricultural sector. These partnerships spur innovation for agricultural development and have various advantages over other institutional arrangements fostering R&D. This report summarizes the experiences of a research project that analyzed 125 public-private research partnerships (PPPs) in 12 Latin American countries. The analysis indicates that several types of partnerships have emerged in response to the various needs of the different partners.

Emilio Ruz, executive secretary of the Cooperative Programme for Agri-food and Agroindustrial Technological Development of the Southern Cone (PROCISUR), presented the PROCISUR’s frame-work of innovation management at the 3rd GFRAS Annual Meeting, "The Role of Rural Advisory Services in Agricultural Innovation Systems", 26-28 September 2012, Philippines. His presentation has been prepared with Julio C. Catullo,
Extension Group Coordinator of PROCISUR.

This report is organized into nine chapters. Chapter one provides the introduction to the report. Chapter two presents alternative approaches to agribusiness development and chapter three discusses the role of agribusiness incubators. Chapter four discusses the challenges of agribusiness incubators and chapter five presents a typology of agribusiness incubators. Chapter six elaborates on the evolution of incubators over time. Chapter seven presents the analysis of impact and cost-benefits. Chapter eight summarizes good practices and lessons learned.

Chile is one of the leading agricultural producers in Latin America and an important player in world agro-alimentary markets-a position it is determined to maintain. In 2008, the government (through the Ministry of Agriculture) requested technical assistance from the World Bank to define how agricultural innovation can help maintain future competitiveness and how it needs to evolve.

The report builds on the 'towards a vision for agricultural innovation in Chile in 2030' report and is further based on a series of background papers and a consultation process that took place between December 2010 and May 2011. The current study is the third in a series of three that were agreed between the Government of Chile and the World Bank to support the development of a long-term agricultural innovation strategy. The first paper reviewed the functioning of the three main public technological institutes and recommended how their performance can be improved.

This paper aims to develop a vision statement for the agricultural sector that may then guide the future investments in Chile's agricultural innovation system, A joint and shared perspective on how the sector might look and what role agricultural innovation should play in getting there is a prerequisite for any effective strategy. But developing such a vision is not only a function of what the country wants: it also depends on the context in which Chile's agricultural sector will find itself.