Innovation in the seed market: the role of IPRs and commercialization rules

Marc Baudry and Adrien Hervouet ()

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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; seed industry; property rights; intellectual property; new technology; marketing; catalogue variétal; création variétale; commercialisation; filière semences; secteur semencier; droit de propriété; innovation; propriété intellectuelle; industrie des semences (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

Published in Journal of Agricultural and Food Industrial Organization, 2016, 14 (1), pp.51-68. ⟨10.1515/jafio-2015-0002⟩

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Related works:
Journal Article: 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)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01449994

DOI: 10.1515/jafio-2015-0002

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