The study examines the incentives and incidence of private R&D investment in the today's biotech industry. A three-stage search/imperfect competition model is developed to derive the optimal pricing and investment decisions of private firms and to develop conjectures about how these decisions...

We analyze online auction prices for top range Bordeaux wine sold on the German eBay site, evaluating the impact of eBay specifics such as auction length, timing of the auction end (day of week, time of day), number of bids, buyer interest (page count), seller reputation, initial prices, picture...

StarLink corn, a biotech variety not approved for human food use, disrupted the marketing system in 2000 because of inadvertent commingling. Testing protocols have since been established for detection of StarLink in corn shipments to Japan. Domestic food manufacturers, anxious to avoid risks of...

The article’s aim is to conduct a comparative cross-section analysis of the innovative behaviour of the German manufacturing industry. The peculiarities of the food industry are tested in a combined analysis based on both input and output indicators. Linear and logistic regressions are used to...

The introduction of genetically modified (GM) crops in the mid 1990s appeared to be the latest in a string of technological innovations in agriculture. However, consumer resistance, particularly in Europe has limited the sector’s enthusiasm. One response to the limited enthusiasm has been the...

We use a computable general equilibrium (CGE) model to investigate impacts of three exogenous shocks to Alaska fisheries: i) a 31% reduction in the walleye pollock allowable catch; ii) a 125% increase in fuel price; and iii) both shocks simultaneously. The latter scenario reflects actual industry...

Traditional surplus production models are based on restrictive assumptions of fish population dynamics and distribution, fish catch, and fishing effort, and can provide misleading guidelines for fisheries management. Following a review of two conventional models and later contributions, this...

This article investigates the relationship between optimal gear selectivity and effort cost in the fishing industry. We first show that optimal selectivity depends negatively on the level of effort cost, but that this relationship is not continuous. Optimal selectivity switches when real effort...

R&D spending in New Zealand is a mixture of private and public investment undertaken to improve productive activity and efficiency. Investment is split fairly equally between private business, government organisations and the universities. It is a long term investment with some uncertainty about...

Highly competitive situation in Information and Communication technology (ICT) maintenance industry requires a precise analysis of all important factors and carefully defined company strategy which addresses each of these aspects. This paper presents a resource based analysis of family run SME,...