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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.

Suggested Citation

  • Huffman, Wallace, 2006. "Economics of Intellectual Property Rights in Plant Materials," ISU General Staff Papers 200604050700001241, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:200604050700001241
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    Cited by:

    1. Huffman, Wallace E., 2009. "Technology and innovation in world agriculture: prospects for 2010-2019," ISU General Staff Papers 200908310700001135, Iowa State University, Department of Economics.
    2. Huffman, Wallace E., 2009. "Measuring public agricultural research capital and its contribution to state agricultural productivity," ISU General Staff Papers 200903160700001147, Iowa State University, Department of Economics.

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