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Bundling And Licensing Of Genes In Agricultural Biotechnology

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  • Shi, Guanming

Abstract

This paper examines the strategic incentive for gene holders to vertically integrate with seed companies, and with herbicide/insecticide oligopolies, given the unique institutional structure and relevant market in agricultural biotechnology. We model the case with homogeneous basic seeds, and investigate both pre-entry and post-entry equilibrium.

Suggested Citation

  • Shi, Guanming, 2004. "Bundling And Licensing Of Genes In Agricultural Biotechnology," 2004 Annual meeting, August 1-4, Denver, CO 19913, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea04:19913
    DOI: 10.22004/ag.econ.19913
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    References listed on IDEAS

    as
    1. Kalaitzandonakes, Nicholas G., 1999. "A Farm Level Perspective On Agrobiotechnology," Agricultural Outlook Forum 1999 32913, United States Department of Agriculture, Agricultural Outlook Forum.
    2. Goodhue, Rachael E & Rausser, Gordon C. & Scotchmer, Suzanne & Simon, Leo K., 2002. "Biotechnology, Intellectual Property and Value Differentiation in Agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt83h3x830, Department of Agricultural & Resource Economics, UC Berkeley.
    3. Gregory D. Graff & Gordon C. Rausser & Arthur A. Small, 2003. "Agricultural Biotechnology's Complementary Intellectual Assets," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 349-363, May.
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