Dynamic implications of patenting for crop genetic resources

In a climate of rapid technological change, it is important to evaluate policies on the innovation incentives that result from the introduction of intellectual property rights as they relate to agricultural genetic resources. In this paper, we use a stylized model of cumulative innovation to explore...

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Detalles Bibliográficos
Autores principales: Koo, Bonwoo, Wright, Brian D.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1999
Materias:
Acceso en línea:https://hdl.handle.net/10568/161295
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author Koo, Bonwoo
Wright, Brian D.
author_browse Koo, Bonwoo
Wright, Brian D.
author_facet Koo, Bonwoo
Wright, Brian D.
author_sort Koo, Bonwoo
collection Repository of Agricultural Research Outputs (CGSpace)
description In a climate of rapid technological change, it is important to evaluate policies on the innovation incentives that result from the introduction of intellectual property rights as they relate to agricultural genetic resources. In this paper, we use a stylized model of cumulative innovation to explore the dynamics of introducing patent protection with licensing agreements, and then we contrast those results with the comparative-statics viewpoint. We also investigate the dynamic effects of claims on behalf of farmers on the profits of private crop breeders whose output is newly protected by patents. We show that the choices about patent life and licensing share that optimize worldwide dynamic social welfare can be quite different from the values that maximize steady-state social welfare. Further, recognition of farmers’ rights entails a dynamic welfare loss to producers and consumers that is not revealed in a comparative-statics analysis.
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spelling CGSpace1612952025-11-06T06:35:11Z Dynamic implications of patenting for crop genetic resources Koo, Bonwoo Wright, Brian D. plant breeding innovation genetic engineering economic aspects intellectual property rights In a climate of rapid technological change, it is important to evaluate policies on the innovation incentives that result from the introduction of intellectual property rights as they relate to agricultural genetic resources. In this paper, we use a stylized model of cumulative innovation to explore the dynamics of introducing patent protection with licensing agreements, and then we contrast those results with the comparative-statics viewpoint. We also investigate the dynamic effects of claims on behalf of farmers on the profits of private crop breeders whose output is newly protected by patents. We show that the choices about patent life and licensing share that optimize worldwide dynamic social welfare can be quite different from the values that maximize steady-state social welfare. Further, recognition of farmers’ rights entails a dynamic welfare loss to producers and consumers that is not revealed in a comparative-statics analysis. 1999 2024-11-21T09:54:43Z 2024-11-21T09:54:43Z Working Paper https://hdl.handle.net/10568/161295 en Open Access application/pdf International Food Policy Research Institute Koo, Bonwoo; Wright, Brian D. 1999. Dynamic implications of patenting for crop genetic resources. EPTD Discussion Paper 51. https://hdl.handle.net/10568/161295
spellingShingle plant breeding
innovation
genetic engineering
economic aspects
intellectual property rights
Koo, Bonwoo
Wright, Brian D.
Dynamic implications of patenting for crop genetic resources
title Dynamic implications of patenting for crop genetic resources
title_full Dynamic implications of patenting for crop genetic resources
title_fullStr Dynamic implications of patenting for crop genetic resources
title_full_unstemmed Dynamic implications of patenting for crop genetic resources
title_short Dynamic implications of patenting for crop genetic resources
title_sort dynamic implications of patenting for crop genetic resources
topic plant breeding
innovation
genetic engineering
economic aspects
intellectual property rights
url https://hdl.handle.net/10568/161295
work_keys_str_mv AT koobonwoo dynamicimplicationsofpatentingforcropgeneticresources
AT wrightbriand dynamicimplicationsofpatentingforcropgeneticresources