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The Rate of Progress in Agricultural Biotechnology

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  • Steven Buccola
  • Yin Xia

Abstract

The average quality of agricultural biotechnology patents appears to have declined substantially during the past two decades. This quality deterioration may reflect either a decline in the significance of new inventions or an increased use of patents as "protective thickets" against competitors' challenges to more important discoveries. Either way, patent proliferation may be boosting the transaction costs in intellectual property markets, imperiling intellectual exchange and hence technical progress.

Suggested Citation

  • Steven Buccola & Yin Xia, 2004. "The Rate of Progress in Agricultural Biotechnology," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(1), pages 3-18.
    • Handle: RePEc:oup:revage:v:26:y:2004:i:1:p:3-18.
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    File URL: http://hdl.handle.net/10.1111/j.1467-9353.2003.00158.x
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    References listed on IDEAS

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    Cited by:

    1. Naseem, Anwar & Singla, Rohit, 2013. "Do Patent Citations Predict Market Value? The Case of Agricultural Biotechnology Patents," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150958, Agricultural and Applied Economics Association.
    2. Xia, Yin & Yuan, Yiyong, 2005. "Privatization of Agricultural Biotechnology Research at U.S. Universities," 2005 Annual meeting, July 24-27, Providence, RI 19276, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Liu, Li-jun & Cao, Cong & Song, Min, 2014. "China's agricultural patents: How has their value changed amid recent patent boom?," Technological Forecasting and Social Change, Elsevier, vol. 88(C), pages 106-121.
    4. Bakucs, Lajos Zoltan & Ferto, Imre, 2010. "Expected Impacts Of Biotechnology On Food Safety In Central And Eastern European Countries," 14th ICABR Conference, June 16-18, 2010, Ravello, Italy 187980, International Consortium on Applied Bioeconomy Research (ICABR).
    5. Xia, Yin, 2004. "University Basic Research And Applied Agricultural Biotechnology," 2004 Annual meeting, August 1-4, Denver, CO 20187, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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