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Intellectual Property and Market Structure in Agriculture

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Author Info
Gordon Rausser (University of California, Berkeley)
Suzanne Scotchmer (Dept. of Economics & Graduate School of Public Policy, University of California, Berkeley and NBER)
Leo Simon (University of California, Berkeley)

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Abstract

In the past several years, the seed industry worldwide has been dramatically restructured, mostly through mergers and acquisitions. We argue that the restructuring has been technologically driven, and has also resulted in the transformation of several chemical conglomerates into life-sciences firms. We discuss why the restructuring has mostly occurred through mergers rather than contractual relationships such as licensing, and investigate its efficiency implications, both as it concerns anticompetitive effects and the joint use of complementary assets.

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File URL: http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1109&context=are_ucb
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Publisher Info
Paper provided by Department of Agricultural & Resource Economics, UC Berkeley in its series Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series with number 880.

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Date of creation: 13 Apr 1999
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Handle: RePEc:cdl:agrebk:880

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Related research
Keywords: agriculture; biotechnology; breeding; intellectual property; seed industry;

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  1. Jackson, Lee Ann, 2000. "Agricultural Biotechnology And The Privatization Of Genetic Information: Implications For Innovation And Equity," Working Papers 14365, University of Minnesota, Center for International Food and Agricultural Policy. [Downloadable!]
  2. Thirtle, Colin & Srinivasan, C.S. & Heisey, Paul W., 2001. "Public Sector Plant Breeding In A Privatizing World," Agricultural Information Bulletins 33775, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  3. Moschini, G. & Lapan, H.E. & Sobolevsky, A., 2000. "Trading Technology As Well As Final Products: Roundup Ready Soybeans And Welfare Effects In The Soybean Complex," Proceedings:Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26002, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance. [Downloadable!]
  4. Huffman, Wallace, 2005. "Developments in the Organization and Finance of Public Agricultural Research in the United States, 1988-1999," Staff General Research Papers 12485, Iowa State University, Department of Economics. [Downloadable!]
  5. Runge, C. Ford & Jackson, Lee Ann, 1999. "Labeling, Trade And Genetically Modified Organisms (Gmos): A Proposed Solution," Working Papers 14402, University of Minnesota, Center for International Food and Agricultural Policy. [Downloadable!]
  6. Wilson, William W. & Huso, Scott R., 2008. "Trait Stacking, Licensing, and Seed Firm Acquisitions on Genetically Modified Grains: A Strategic Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(3), December. [Downloadable!]
  7. Oehmke, James & Wolf, Chris & Weatherspoon, Dave D. & Naseem, Anwar & Maredia, Mywish & Raper, Kellie & Hightower, Amie L., 1999. "Cyclical Concentration And Consolidation In Biotech R&D: A Neo-Schumpeterian Model," Staff Papers 11812, Michigan State University, Department of Agricultural, Food, and Resource Economics. [Downloadable!]
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