The welfare implications of intellectual property protection (IPP) for private sector agricultural research are analyzed, focusing on the realistic cases where countries provide different IPP levels, technology spills over across countries, and the public sector is involved in research. A model is developed to determine who benefits from, and who should pay for, the associated research. The article contains some interesting results on the implications of a harmonization of IPP policies through multilateral agreements or via technology that allows research firms to prevent the copying of plants and animals that express traits that have emerged from their research.
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Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
12800.
Length: 40 pages Date of creation: 27 Apr 2007 Date of revision: Publication status: Published in American Journal of Agricultural Economics, February 2008, Vol. 90, No. 1, pp. 197-215. Handle: RePEc:isu:genres:12800
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Find related papers by JEL classification: F1 - International Economics - - Trade L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance O3 - Economic Development, Technological Change, and Growth - - Technological Change Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
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