Welfare impacts of intellectual property protection in the seed industry
We examine the welfare impact of different intellectual property protection (IPP) regimes in private sector seed research and development (R&D). We take into account the period after expiration of legal IPP, and require simultaneous equilibrium in markets for R&D, seeds, and final product. O...
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| Veröffentlicht in: | American journal of agricultural economics 2005-11, Vol.87 (4), p.951-968 |
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| container_title | American journal of agricultural economics |
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| creator | Lence, S.H Hayes, D.J McCunn, A Smith, S Niebur, W.S |
| description | We examine the welfare impact of different intellectual property protection (IPP) regimes in private sector seed research and development (R&D). We take into account the period after expiration of legal IPP, and require simultaneous equilibrium in markets for R&D, seeds, and final product. Optimal IPP is remarkably insensitive to alternative parameterizations, except for R&D productivity. Results suggest that optimal IPP is greater than IPP in the U.S. seed corn market, but lower than the IPP that could be attained with genetic use restriction technologies. Optimal IPP is much higher than IPP achieved under open-pollinated crops or where legal IPP is limited. |
| doi_str_mv | 10.1111/j.1467-8276.2005.00780.x |
| format | Article |
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We take into account the period after expiration of legal IPP, and require simultaneous equilibrium in markets for R&D, seeds, and final product. Optimal IPP is remarkably insensitive to alternative parameterizations, except for R&D productivity. Results suggest that optimal IPP is greater than IPP in the U.S. seed corn market, but lower than the IPP that could be attained with genetic use restriction technologies. 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We take into account the period after expiration of legal IPP, and require simultaneous equilibrium in markets for R&D, seeds, and final product. Optimal IPP is remarkably insensitive to alternative parameterizations, except for R&D productivity. Results suggest that optimal IPP is greater than IPP in the U.S. seed corn market, but lower than the IPP that could be attained with genetic use restriction technologies. Optimal IPP is much higher than IPP achieved under open-pollinated crops or where legal IPP is limited.</description><subject>Agricultural economics</subject><subject>agricultural law</subject><subject>Agricultural research</subject><subject>Competition</subject><subject>Consumer surplus</subject><subject>Crop economics</subject><subject>Crop production</subject><subject>Crops</subject><subject>economic impact</subject><subject>Economic models</subject><subject>Economic theory</subject><subject>equations</subject><subject>Farmers</subject><subject>Food industry</subject><subject>Genes</subject><subject>GURT</subject><subject>incentives to innovate</subject><subject>Industrial agriculture</subject><subject>Industrial market</subject><subject>Innovation diffusion</subject><subject>Innovations</subject><subject>Intellectual property</subject><subject>Intellectual property rights</subject><subject>mathematical models</subject><subject>O340</subject><subject>open pollination</subject><subject>plant breeding</subject><subject>plant variety protection</subject><subject>planting seed</subject><subject>Present value</subject><subject>product development</subject><subject>Q110</subject><subject>Q160</subject><subject>Q180</subject><subject>R&D</subject><subject>Research & development</subject><subject>Research and development</subject><subject>seed industry</subject><subject>Seeds</subject><subject>social welfare</subject><subject>Statistical analysis</subject><subject>Studies</subject><subject>Technological change</subject><subject>Technological innovation</subject><subject>technology innovation</subject><subject>terminator gene</subject><subject>Total surplus</subject><subject>Welfare</subject><issn>0002-9092</issn><issn>1467-8276</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2005</creationdate><recordtype>article</recordtype><recordid>eNqNkEtv00AUhS0EEqHwD5CwWLCzufOwx16GthCqVEjQqlY2VxP7Gmyc2MyMRfLvO65RFohKzGYe3zl3jk4QhAxi5tf7NmYyVVHGVRpzgCQGUBnEhyfB4gSeBgsA4FEOOX8evLC29VdgebYIVnfU1dpQ2OwGXTob9nXY7B11HZVu1F04mH4g447Twfm3pt97Qeh-UGiJKn-uRuvM8WXwrNadpVd_9rPg9uPlzfkqWn_59Pl8uY7KRKVFVKmaas2VplSyrWAVlEmWZVJyVWZpVRPPS5Uq4pInfFvxKt9WUG1B6pKU0EKcBe_muT7Pr5Gsw11jS59X76kfLQqlhJJqEr79S9j2o9n7bMiFYEmepNKLsllUmt5aQzUOptlpc0QGOPWLLU414lQjTv3iQ7948Nbr2fq76ej43z5cXi0vryY2oYk8gMLPE_O8fhwemRb9K8Xr2dVa15uTT6S58h94HM24sY4OJ6zNT0x9Twmuig2ur4ti8-HrBi-8_s2sr3WP-rtpLN5-48AEMBA5SCnuAZYGtho</recordid><startdate>200511</startdate><enddate>200511</enddate><creator>Lence, S.H</creator><creator>Hayes, D.J</creator><creator>McCunn, A</creator><creator>Smith, S</creator><creator>Niebur, W.S</creator><general>Oxford University Press</general><general>American Agricultural Economics Association</general><general>Blackwell Publishing Ltd</general><scope>FBQ</scope><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>8BJ</scope><scope>C1K</scope><scope>FQK</scope><scope>JBE</scope><scope>SOI</scope></search><sort><creationdate>200511</creationdate><title>Welfare impacts of intellectual property protection in the seed industry</title><author>Lence, S.H ; Hayes, D.J ; McCunn, A ; Smith, S ; Niebur, W.S</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c576X-d7fefa27ae641b31d0c58884427c86dfe29c767e24252bd2d9bd0db04ace73a33</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2005</creationdate><topic>Agricultural economics</topic><topic>agricultural law</topic><topic>Agricultural research</topic><topic>Competition</topic><topic>Consumer surplus</topic><topic>Crop economics</topic><topic>Crop production</topic><topic>Crops</topic><topic>economic impact</topic><topic>Economic models</topic><topic>Economic theory</topic><topic>equations</topic><topic>Farmers</topic><topic>Food industry</topic><topic>Genes</topic><topic>GURT</topic><topic>incentives to innovate</topic><topic>Industrial agriculture</topic><topic>Industrial market</topic><topic>Innovation diffusion</topic><topic>Innovations</topic><topic>Intellectual property</topic><topic>Intellectual property rights</topic><topic>mathematical models</topic><topic>O340</topic><topic>open pollination</topic><topic>plant breeding</topic><topic>plant variety protection</topic><topic>planting seed</topic><topic>Present value</topic><topic>product development</topic><topic>Q110</topic><topic>Q160</topic><topic>Q180</topic><topic>R&D</topic><topic>Research & development</topic><topic>Research and development</topic><topic>seed industry</topic><topic>Seeds</topic><topic>social welfare</topic><topic>Statistical analysis</topic><topic>Studies</topic><topic>Technological change</topic><topic>Technological innovation</topic><topic>technology innovation</topic><topic>terminator gene</topic><topic>Total surplus</topic><topic>Welfare</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lence, S.H</creatorcontrib><creatorcontrib>Hayes, D.J</creatorcontrib><creatorcontrib>McCunn, A</creatorcontrib><creatorcontrib>Smith, S</creatorcontrib><creatorcontrib>Niebur, W.S</creatorcontrib><collection>AGRIS</collection><collection>Istex</collection><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Environmental Sciences and Pollution Management</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><jtitle>American journal of agricultural economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lence, S.H</au><au>Hayes, D.J</au><au>McCunn, A</au><au>Smith, S</au><au>Niebur, W.S</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Welfare impacts of intellectual property protection in the seed industry</atitle><jtitle>American journal of agricultural economics</jtitle><stitle>American Journal of Agricultural Economics</stitle><addtitle>American Journal of Agricultural Economics</addtitle><date>2005-11</date><risdate>2005</risdate><volume>87</volume><issue>4</issue><spage>951</spage><epage>968</epage><pages>951-968</pages><issn>0002-9092</issn><eissn>1467-8276</eissn><coden>AJAEBA</coden><abstract>We examine the welfare impact of different intellectual property protection (IPP) regimes in private sector seed research and development (R&D). We take into account the period after expiration of legal IPP, and require simultaneous equilibrium in markets for R&D, seeds, and final product. Optimal IPP is remarkably insensitive to alternative parameterizations, except for R&D productivity. Results suggest that optimal IPP is greater than IPP in the U.S. seed corn market, but lower than the IPP that could be attained with genetic use restriction technologies. Optimal IPP is much higher than IPP achieved under open-pollinated crops or where legal IPP is limited.</abstract><cop>Malden</cop><pub>Oxford University Press</pub><doi>10.1111/j.1467-8276.2005.00780.x</doi><tpages>18</tpages></addata></record> |
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| subjects | Agricultural economics agricultural law Agricultural research Competition Consumer surplus Crop economics Crop production Crops economic impact Economic models Economic theory equations Farmers Food industry Genes GURT incentives to innovate Industrial agriculture Industrial market Innovation diffusion Innovations Intellectual property Intellectual property rights mathematical models O340 open pollination plant breeding plant variety protection planting seed Present value product development Q110 Q160 Q180 R&D Research & development Research and development seed industry Seeds social welfare Statistical analysis Studies Technological change Technological innovation technology innovation terminator gene Total surplus Welfare |
| title | Welfare impacts of intellectual property protection in the seed industry |
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