In this chapter the authors compute measures of total factor productivity (TFP) growth for developing countries and then contrast TFP growth with technological capital indexes. In developing these indexes, the authors incorporate schooling capital to yield two new indexes: Invention-Innovation Capital and Technology Mastery. They find that TFP performance is strongly related to technological capital and that technological capital is required for TFP and cost reduction growth.
Market opportunities are increasing at a rapid pace for livestock products, fuelled by rising incomes, globalisation and urbanisation, particularly in the developing world. At the same time, these opportunities bring increased complexity in the supply channels that market, distribute, organise and govern high-value products. This begs the questions on the ability of smallholder producers to contribute to this complex process.