AN OPTION PERSPECTIVE ON GENERATING AND MAINTAINING PLANT VARIETY RIGHTS IN CHINA

Bonwoo Koo, Philip Pardey, Keming Qian and Yi Zhang

No 13779, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: Notwithstanding the ambiguous research and productivity promoting effects of plant variety protections (PVPs), even in developed countries, many developing countries have adopted PVPs in the past few years, in part to comply with their Trade-Related Aspects of Intellectual Property Rights (TRIPS) obligations. Seeking and maintaining PVPs reserves options to an expected revenue stream from the future sale of protected varieties, the value of which varies for a host of reasons. In this paper we empirically examine the pattern of plant variety protection applications in China since its PVP laws were first introduced in 1997. We place those PVP rights in the context of China's present and likely future seed markets to identify the economic incentives and institutional influences on decisions to develop and apply for varietal rights.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 37
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/13779/files/p03-08.pdf (application/pdf)

Related works:
Journal Article: An option perspective on generating and maintaining plant variety rights in China (2006)
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:ags:umaesp:13779

DOI: 10.22004/ag.econ.13779

Access Statistics for this paper

More papers in Staff Papers from University of Minnesota, Department of Applied Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).