Investments in innovations for agriculture and food can be understood as new knowledge and technologies in agricultural and food production, processing, and marketing that are applied in economic and social processes. As a result of such investments, farmers, processors, and traders become more competitive, produce or sell betterquality products, and generate greater profits. Investments in innovation for agriculture relates to new and improved seed varieties, tissue, vaccines, equipment, and cropping and husbandry techniques. It also includes the application of quality protocols, organizational restructuring, improved management, and selling to new markets and buyers. Innovations can lead to improved management of natural and other resources and ultimately generate society wide benefits.