Welfare Impacts of Cross‐Country Spillovers in Agricultural Research

19 Pages Posted: 24 Apr 2020

See all articles by Sergio H. Lence

Sergio H. Lence

Iowa State University - Department of Economics

Dermot J. Hayes

Iowa State University

Multiple version iconThere are 2 versions of this paper

Date Written: February 2008

Abstract

The welfare implications of intellectual property protection (IPP) for private sector agricultural research are analyzed, focusing on the realistic cases where countries provide different IPP levels, technology spills over across countries, and the public sector is involved in research. A model is developed to determine who benefits from, and who should pay for, the associated research. The article contains some interesting results on the implications of a harmonization of IPP policies through multilateral agreements or via technology that allows research firms to prevent the copying of plants and animals that express traits that have emerged from their research.

Keywords: biotechnology, GURTs, intellectual property, research spillover, welfare analysis

Suggested Citation

Lence, Sergio H. and Hayes, Dermot J., Welfare Impacts of Cross‐Country Spillovers in Agricultural Research (February 2008). American Journal of Agricultural Economics, Vol. 90, Issue 1, pp. 197-215, 2008, Available at SSRN: https://ssrn.com/abstract=3583799 or http://dx.doi.org/10.1111/j.1467-8276.2007.01047.x

Sergio H. Lence (Contact Author)

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

Dermot J. Hayes

Iowa State University

613 Wallace Road
Ames, IA 50011-2063
United States

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