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Economics of Intellectual Property Rights in Plant Materials

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  • Huffman, Wallace

Abstract

This paper presents an economic perspective on intellectual property in plant materials, including its value, and summary information on the U.S. seed industry. It first considers intellectual property rights--types, economic incentives that they bestow, and uses across developed and developing countries. Second, it considers the U.S. seed industry--characteristics for major crops, optimal pricing of a superior variety, and relative size of public and private research expenditures. Some conclusions and implications are presented in the final section.

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File URL: http://www.econ.iastate.edu/sites/default/files/publications/papers/p3848-2006-04-06.pdf
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Bibliographic Info

Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 12583.

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Date of creation: 06 Apr 2006
Date of revision:
Handle: RePEc:isu:genres:12583

Contact details of provider:
Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
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Web page: http://www.econ.iastate.edu
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Related research

Keywords: Intellectual property rights; value of innovations; plants; seed industry;

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References

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  1. Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
  2. Wright, Brian Davern, 1983. "The Economics of Invention Incentives: Patents, Prizes, and Research Contracts," American Economic Review, American Economic Association, vol. 73(4), pages 691-707, September.
  3. Huffman, Wallace & Evenson, Robert E., 1992. "Contributions of Public and Private Science and Technology to U.S. Agricultural Productivity," Staff General Research Papers 10990, Iowa State University, Department of Economics.
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Cited by:
  1. Huffman, Wallace, 2009. "Measuring Public Agricultural Research Capital and Its Contribution to State Agricultural Productivity," Staff General Research Papers 13123, Iowa State University, Department of Economics.
  2. Huffman, Wallace, 2009. "Technology and Innovation in World Agriculture: Prospects for 2010-2019," Staff General Research Papers 13060, Iowa State University, Department of Economics.

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