Economics of Intellectual Property Rights in Plant Materials

Wallace Huffman

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: This paper presents an economic perspective on intellectual property in plant materials, including its value, and summary information on the U.S. seed industry. It first considers intellectual property rights--types, economic incentives that they bestow, and uses across developed and developing countries. Second, it considers the U.S. seed industry--characteristics for major crops, optimal pricing of a superior variety, and relative size of public and private research expenditures. Some conclusions and implications are presented in the final section.

Keywords: Intellectual property rights; value of innovations; plants; seed industry (search for similar items in EconPapers)
Date: 2006-04-06
New Economics Papers: this item is included in nep-agr and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Economics of Intellectual Property Rights in Plant Materials (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:12583

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