Economics of Intellectual Property Rights in Plant Materials
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.
|Date of creation:||06 Apr 2006|
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- Huffman, Wallace & Evenson, Robert E., 1992.
"Contributions of Public and Private Science and Technology to U.S. Agricultural Productivity,"
Staff General Research Papers Archive
10990, Iowa State University, Department of Economics.
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- Paul M Romer, 1999.
"Endogenous Technological Change,"
Levine's Working Paper Archive
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- 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.
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