Technologies: economic and other considerations
Why analyze technologies?
Farmers only adopt if they know about, understand, can access and perceive benefit from a new technology. The following tables will help you evaluate technologies and whether they may be attractive to farmers.
|Existing practice||Proposed practice||Difference|
|Cost of practice (more, less same)?|
|Expected yield (more, less same)?|
|Labor requirements (same, more, less)?|
|Risk (i.e., probability of success - low, medium, high)?|
|Are labor and inputs available as & when needed (yes/no)?|
|Effects on environment (same, better, worse)?|
|Effects on human health (same, better, worse)?|
|Grain or by-product value? (same, more, less)?|
|Amount of grain needed to cover cost of practice?|
|Can produce be readily marketed (yes, no)?|
|Cost of practice as a percent of total production costs?|
|Characteristics of Successful Innovations||Rate your technology against these criteria (Good, medium, poor)|
|Is relative advantage obvious (cost-benefit)?|
|Is the practice compatible with existing farming system (e.g., labor requirements, cropping pattern)?|
|Is the practice too complex or can it be readily understood?|
|Can the practice be tested on a small area?|
|Can I see the difference?|
|What's the risk* - (High, medium, low)|
It has been found that farmers in general will accept somewhat lower profit if it comes with less risk rather than higher profit with more risk and greater uncertainty.