The Importance of Cost Control in the Research and Development Process of Seed Companies
As global population growth accelerates and food demand rises,the research and development(R&D)activities of seed companies become increasingly vital for driving agricultural technological innovation and ensur-ing food security.However,R&D in the seed industry often involves high costs and long cycles.Effective cost con-trol strategies are crucial for ensuring the return on R&D investments and the sustainable development of compa-nies.This study explores the implementation and impact of cost control in the R&D processes of seed companies through both positive and negative case analyses—including the successful experiences of Denghai Seed Industry and Longping High-Tech,and the failed cases of Monsanto's cotton seed project in India.The research aims to pro-vide a set of effective cost control methods to help seed companies optimize their R&D resource allocation,en-hance economic benefits,and improve competitive strength.This study seeks to bolster the resilience of seed com-panies against market and technological challenges,promote their technological innovation,and support continu-ous growth.The significance of this research lies in its implications for R&D management practices in seed com-panies and its guidance for policy-making.
Seed companiesResearch and developmentCost controlCase analysisTechnological innovation
万方数据
维普
