Innovation in the Seed Market: The Role of IPRs and Commercialization Rules

Marc Baudry and Adrien Hervouet ()

Journal of Agricultural & Food Industrial Organization, 2016, vol. 14, issue 1, 51-68

Abstract: This article deals with the impact of legal rules on incentives in the seeds sector to create new plant varieties. The first category of rules consists in intellectual property rights and is intended to address a problem of sequential innovation and R&D effort. The second category concerns commercial rules that are intended to correct a problem of adverse selection. We propose a dynamic model of market equilibrium with vertical product differentiation that enables us to take into account the economic consequences of imposing either Plant Breeders’ Rights (PBRs) or patents as IPRs and either compulsory registration in a catalog or minimum standards as commercialization rules. The main result is that the combination of catalog registration and PBRs adopted in Europe is hardly supported by the model calibrated on data for wheat in France.

Keywords: intellectual property rights; plant breeders’ rights; catalog; product differentiation; seed market (search for similar items in EconPapers)
JEL-codes: D43 K11 L13 Q12 Q16 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1515/jafio-2015-0002 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Working Paper: Innovation in the seed market: the role of IPRs and commercialization rules (2016)
Working Paper: Innovation on the seed market: the role of IPRs and commercialisation rules (2014)
Working Paper: Innovation on the seed market: the role of IPRs and commercialisation rules (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:bjafio:v:14:y:2016:i:1:p:51-68:n:7

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jafio/html

DOI: 10.1515/jafio-2015-0002

Access Statistics for this article

Journal of Agricultural & Food Industrial Organization is currently edited by Azzeddine Azzam

More articles in Journal of Agricultural & Food Industrial Organization from De Gruyter
Bibliographic data for series maintained by Peter Golla ().