Intellectual property in plant breeding: comparing different levels and forms of protectionEuropean Review of Agricultural Economics
Publication VersionAccepted Manuscript
AbstractWelfare trade-offs between intellectual property (IP) protections provided by patents and by plant variety protection (PVP) are explored. PVP breeders’ exemption weakens IP protection, but may speed the transfer of research gains across firms. A model is developed assuming firms optimise research given existing IP protection. A baseline scenario supporting each system is used to perform welfare analysis, and study how the balance is altered between systems. Survey data suggest patents are more appropriate for longer-term, higher-risk research, whereas PVP is better suited for traditional breeding. A scenario where patents and licensing co-exist dominates PVP in all commercially relevant areas.
Copyright OwnerOxford University Press
Citation InformationSergio H Lence, Dermot J. Hayes, Julian M. Alston and John Stephen C. Smith. "Intellectual property in plant breeding: comparing different levels and forms of protection" European Review of Agricultural Economics Vol. 43 Iss. 1 (2016) p. 1 - 29
Available at: http://works.bepress.com/dermot_hayes/130/