The role of patent rights in mergers : consolidation in plant biotechnology
AbstractFew micro-level empirical papers have addressed the impact of the patent system on industry structure. Using firm-level patent data for public and private firms in plant biotechnology, we develop a measure of patent enforceability. Duration models show that patent statistics are a useful predictor of the timing of merger activity. We find that patent enforceability is an important factor influencing the likelihood of mergers. Mergers in plant biotechnology may be partially motivated by the enforcement of patent rights when firms have overlapping technologies; some of the merger activity may be explained by attempts to avoid mutually blocking technology, as exemplified in the case of Roundup Ready corn.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of California at Berkeley, Department of Agricultural and Resource Economics and Policy in its series CUDARE Working Paper Series with number 1036.
Length: 55 pages
Date of creation: 2007
Date of revision:
Contact details of provider:
Postal: 207 Giannini Hall #3310, Berkeley, CA 94720-3310
Phone: (510) 642-3345
Fax: (510) 643-8911
Web page: http://areweb.berkeley.edu/library/Main/CUDARE
More information through EDIRC
Postal: University of California, Giannini Foundation of Agricultural Economics Library, 248 Giannini Hall #3310, Berkeley CA 94720-3310
Other versions of this item:
- Alan C. Marco & Gordon C. Rausser, 2008. "The Role of Patent Rights in Mergers: Consolidation in Plant Biotechnology," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(1), pages 133-151.
- Marco, Alan C. & Rausser, Gordon C., 2007. "The Role of Patent Rights in Mergers: Consolidation in Plant Biotechnology," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2dk2x9hm, Department of Agricultural & Resource Economics, UC Berkeley.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Pardey, Philip G. & Koo, Bonwoo & Drew, Jennifer & Nottenburg, Carol, 2012. "The Evolving Landscape of IP Rights for Plant Varieties in the United States, 1930-2008," Staff Papers 119346, University of Minnesota, Department of Applied Economics.
- Nadolnyak, Denis & Miranda, Mario J. & Sheldon, Ian, 2011. "Genetically modified crops as real options: Identifying regional and country-specific differences," International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 455-463, July.
- Cédric Schneider, 2011. "The battle for patent rights in plant biotechnology: evidence from opposition fillings," The Journal of Technology Transfer, Springer, vol. 36(5), pages 565-579, October.
- Alessandro D. SCOPELLITI, 2010.
"Competition And Economic Growth: A Critical Survey Of The Theoretical Literature,"
Journal of Applied Economic Sciences,
Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(1(11)_Spr), pages 70-93.
- Scopelliti, Alessandro Diego, 2009. "Competition and Economic Growth: a Critical Survey of the Theoretical Literature," MPRA Paper 20079, University Library of Munich, Germany.
- Tiffany Shih & Brian Wright, 2011.
in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 49-85
National Bureau of Economic Research, Inc.
- Sheldon, Ian M., 2008. "The Biotechnology Sector: "Bounds" to Market Structure," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6078, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jeff Cole).
If references are entirely missing, you can add them using this form.