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One of the basic debates in African development is whether agriculture can be the instrument for the transformation of a rural economy. A common question is whether agricultural policies can provide the impetus to move agriculture in developing economies from subsistence to commercial...
Persistent link: https://www.econbiz.de/10011902914
The nature of the observed market structure and R&D competition in genomics research is used as the basis for a comparative analysis of research under a mixed oligopoly, pure oligopoly and monopoly when the timing of the innovation outcome is uncertain (as in an R&D race), the winner-take-all...
Persistent link: https://www.econbiz.de/10009442861
The nature of public agricultural research changed in 1980 when the Bayh-Dole Act allowed universities to retain title to inventions that were created with Federal funds, and the court case Diamond v. Chakrabarty allowed patenting of living tissue and eventually other bio-engineered products. In...
Persistent link: https://www.econbiz.de/10005802895
Biotechnology is redefining the nature of agricultural research and intellectual property. In response, public agricultural research institutions are increasingly protecting their intellectual property and commercializing research results. This raises the question: Is agricultural research still...
Persistent link: https://www.econbiz.de/10008570491
Several characteristics of biotech industry structure follow cyclical patterns. Mergers and acquisitions activity shows cyclical behavior, with peaks from 1988-92 and 1996-97 and a valley from 1993-95. The ratio of large-firm to small-firm field trials, and the Herfindahl-Hirshmann concentration...
Persistent link: https://www.econbiz.de/10005469374
Over the past fifteen years, the agricultural biotechnology industry has exhibited cyclical behavior in concentration and consolidation. This paper provides a theoretical model of endogenous R&D, in which industry concentration exhibits cyclical behavior. The model also generates additional...
Persistent link: https://www.econbiz.de/10005476377
The emergence of agricultural biotechnology and policy responses to is altering global agricultural trade patterns. This paper models the effects of restrictive policies concerning the production and consumption of genetically modified agricultural products. The model relies on a...
Persistent link: https://www.econbiz.de/10005476378
Persistent link: https://www.econbiz.de/10005483749
This paper examines the impact of European Union policy on genetically modified organisms on trade flows and economic growth. Restrictive European Union policies on biotech production and consumption result in: an effective export subsidy of capital to the South; new trade flows; North America...
Persistent link: https://www.econbiz.de/10005321029
The nature of the observed market structure and R&D competition in genomics research is used as the basis for a comparative analysis of research under a mixed oligopoly, pure oligopoly and monopoly when the timing of the innovation outcome is uncertain (as in an R&D race), the winner-take-all...
Persistent link: https://www.econbiz.de/10004989202