Intellectual Property and Market Structure in Agriculture

Gordon Rausser, Suzanne Scotchmer and Leo Simon

No 7156, CUDARE Working Papers from University of California, Berkeley, Department of Agricultural and Resource Economics

Abstract: In the past several years, the seed industry worldwide has been dramatically restructured, mostly through mergers and acquisitions. We argue that the restructuring has been technologically driven, and has also resulted in the transformation of several chemical conglomerates into life-science firms. We discuss why the restructuring has mostly occurred through mergers rather than contractual relationships such as licensing, and investigate its efficiency implications, both as it concerns anticompetitive effects and the joint use of complementary assets.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 50
Date: 1999
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Citations: View citations in EconPapers (18)

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Working Paper: Intellectual Property and Market Structure in Agriculture (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucbecw:7156

DOI: 10.22004/ag.econ.7156

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