THE ECONOMICS OF ENTOMOLOGICAL EFFORT: VIEWPOINT OF THE PESTICIDE INDUSTRY IN CANADA

Abstract

The economics of entomological effort is discussed from the viewpoint of the pesticide industry in Canada. Industry is concerned primarily with obtaining an acceptable return on investment. To illustrate the investment trend in insecticide development in Canada, the cost of research and development (R&D) from discovery to registration is examined. Statistics on retail sales of pest-control products, on new compounds being tested, and on the number of new registrations indicate declining interest in insecticide development in Canada. The present and future role of the Canadian pesticide industry in insecticide development is discussed.