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The Importance Of Intellectual Property Rights In The International Spread Of Private Sector Agricultural Biotechnology

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  • Carl E Pray
  • Ramu Govindasamy
  • Ann Courtmanche
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    Abstract

    The purpose of this study is to provide an overview of the current status of research and commercial use of Genetically Modified (GM) crops worldwide, and quantify the importance of various policies, particularly intellectual property rights, in the spread of biotechnology research in commercial products. It is evident from available data that most of the applied agricultural biotech research is conducted by the private sector, of which, a substantial contribution is by multinational corporations. Econometric analysis suggests that plant breeders’ rights and the ability to patent plants are associated with the spread of applied biotech research.

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    Bibliographic Info

    Article provided by IUP Publications in its journal The IUP Journal of Agricultural Economics.

    Volume (Year): III (2006)
    Issue (Month): 3 (July)
    Pages: 7-20

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    Handle: RePEc:icf:icfjag:v:03:y:2006:i:3:p:7-20

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