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Searching for the Profit in Pollution Prevention: Case Studies in the Corporate Evaluation of Environmental Opportunities AgEcon
Boyd, James.
The concept of pollution prevention, or "P2," signifies a new, proactive environmental mindset that targets the causes, rather than the consequences, of polluting activity. While anecdotal evidence suggests that P2 opportunities exist and that many have been pursued, there is also the perception that the pace of P2 is far too slow. To explore that claim--and to shed light on barriers to P2 innovation--this paper presents case studies of industrial P2 projects that were in some way unsuccessful. While based on a very limited sample, the evidence contradicts the view that firms suffer from organizational weaknesses that make them unable to appreciate the financial benefits of P2 investments. Instead, the projects foundered because of significant unresolved...
Tipo: Working or Discussion Paper Palavras-chave: Pollution prevention; Financial evaluation; Environmental accounting; Environmental Economics and Policy; Q2; L65; O33.
Ano: 1998 URL: http://purl.umn.edu/10614
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Trust in Scientists and Food Manufacturers, with Implications for the Public Support of Biotechnology AgEcon
James, Harvey S., Jr..
The purpose of this paper is to determine what factor affect trust in scientists and food manufacturers, and to examine how trust in these institutions affects public support for biotechnology. Data from the U.S. Biotechnology Study reveal that benefits from biotechnology and expectations of trustworthiness are correlated with trust in scientists, but benefits and costs of biotechnology, and expectations of trustworthiness and competence of biotechnology institutions, are important determinants of trust in food manufacturers. The data also reveal that trust in scientists and food manufacturers has a large and important effect on public support for biotechnology, but trust in scientists is more important for public support than trust in food manufacturers.
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety; L65; Q18.
Ano: 2005 URL: http://purl.umn.edu/92649
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Patents, Spillovers, and Competition in Biotechnology AgEcon
Austin, David H..
I perform an event study on 600+ patents awarded primarily to 20 leading biotechnology firms and find significant changes in market values at the time of the awards. Adjusting for partial anticipation of events, I estimate that core technology patents in highly contested research areas are expected to generate between $13 and $21 million of economic value. They also generate spillover benefits for the patentee's rivals-presumably including knowledge transfers-valued at $3 to $6 million per firm. Awardees may appropriate only half of private benefits, although I observe negative spillovers for some high-profile awards. Most patents have no significant market impact.
Tipo: Working or Discussion Paper Palavras-chave: Innovation; Patent value; Spillover; Competition; Event study; Research and Development/Tech Change/Emerging Technologies; G14; O31; O34; L65.
Ano: 2000 URL: http://purl.umn.edu/10808
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The Entrepreneur's Choice of Location: Evidence from the Life Sciences AgEcon
Kolympiris, Christos; Klein, Peter G.; Kalaitzandonakes, Nicholas G..
Why do biotech firms cluster? New and established firms in biotech clusters are said to capitalize on knowledge spillovers, labor-market pooling, and other externalities. Some have even argued that such spillovers are so strong that the cluster itself, rather than the individual, is the “locus of entrepreneurship.” Such arguments, however, do not resolve the mechanism by which clusters might contribute to the establishment of new firms. This paper proposes a conceptual framework for analyzing the locational choices of entrepreneurial firms in the life-sciences industry. Building on both the cluster literature and the literature on entrepreneurship, we develop hypotheses about how cluster characteristics, the entrepreneur’s personal characteristics, and...
Tipo: Conference Paper or Presentation Palavras-chave: Entrepreneurship; Biotechnology; Clusters; Knowledge spillovers; Agglomeration economies; Industrial Organization; L26; L65; O18; O32.
Ano: 2007 URL: http://purl.umn.edu/9761
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The U.S. Seed Industry: An Exploration of Statistics Highlighting the Economic Activity of the U.S. Row Crop Seed Industry AgEcon
Roucan-Kane, Maud; Gray, Allan W..
This report presents relevant statistics that highlight the economic activity of the U.S. seed industry. The focus of this report is on the four main U.S. crops: corn, soybean, wheat, and cotton. The report contains three sections. The first is related to the U.S. seed market’s size based on seed sales and expenditures. The second section examines industry investment in research and development (R&D) activity in terms of both budget and human resources. The final section illustrates the impact of the seed industry in terms of intellectual property development, improved productivity, and other benefits. This report focuses on using publicly available data to examine these three areas. In addition, the report presents the results of a survey conducted...
Tipo: Working or Discussion Paper Palavras-chave: Seed industry; Field crops; Biotechnology; Herbicide-tolerant crops; Bt crops; Corn; Soybeans; Cotton; Wheat.; Agribusiness; L11; L16; L65; O33; O34; Q16.
Ano: 2009 URL: http://purl.umn.edu/52549
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APPLICATION OF SOLID-STATE FERMENTATION FOR CELLULASE ENZYME PRODUCTION USING TRICHODERMA VIRIDE AgEcon
Mojsov, Kiro.
The Solid-state fermentation (SSF) is alternative to submerged fermentation for production antibiotics, single cell protein, enzymes, organic acids, biofuel, etc. However, the advantages of SSF in various processes are found to be greater than in submerged fermentation. This technique not only decreases the cost of the process but also makes product cheaper for consumers. The paper describes experimental application of SSF on wheat straw for production of mycelia protein and cellulase enzymes by Trichoderma viride. This actual waste from agriculture industry was used as a nourishing base by Trichoderma viride in SSF for cellulase enzyme production. Growth and enzymes production by Trichoderma viride were evaluated on wheat straw and alkali treatment...
Tipo: Journal Article Palavras-chave: Solid-state fermentation; Trichoderma viride; Cellulase enzyme; Wheat straw agro-waste; Single cell protein.; Research and Development/Tech Change/Emerging Technologies; L65.
Ano: 2010 URL: http://purl.umn.edu/92392
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On Pricing and Vertical Organization of Differentiated Products: The Case of Soybean Seed Industry AgEcon
Shi, Guanming; Chavas, Jean-Paul.
This paper investigates the pricing and vertical organization of differentiated products under imperfect competition. In a multiproduct context, a Cournot model is used to examine how substitution/complementarity relationships among products and vertical structures can affect the exercise of market power. This motivates a generalization of the Herfindahl-Hirschman index (termed VHHI) capturing how market concentration and vertical structures interact to influence prices of differentiated products. The analysis is applied to pricing of soybean seeds in the US over the period 2000-2007. The analysis considers two vertical structures employed by biotech firms: vertical integration and licensing. The econometric analysis finds evidence that vertical...
Tipo: Conference Paper or Presentation Palavras-chave: Vertical structures; Pricing; Imperfect competition; Seed; Biotechnology; Demand and Price Analysis; Industrial Organization; L13; L4; L65.
Ano: 2009 URL: http://purl.umn.edu/49186
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FUNCTIONAL FOODS IN THE EUROPEAN UNION: AN OVERVIEW OF THE SECTOR'S MAIN ISSUES AgEcon
Castellini, Alessandra; Canavari, Maurizio; Pirazzoli, Carlo.
In Europe the demand of functional foods varies remarkably from country to country, on the basis of the alimentary traditions, the enforced legislation and the different cultural heritage that people have acquired. The opportunities of expansion on the market seem to be quite favorable and the interest of the consumers is rather high. But the diffusion of these products in the community area is slowed down by some obstacles. One of main ones is the lack of an official law-recognized definition for these references, necessary in order to clearly assign these products to the food sector rather than to the pharmaceutical one. In a such situation, we note that nowadays it is impossible to carry out a complete survey of this world, due to the lack of...
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety; Q13; Q18; L65; L66.
Ano: 2002 URL: http://purl.umn.edu/14456
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VALUATION OF BIOTECHNOLOGY COMPANIES: REAL OPTIONS APPROACH UNDER UNCERTAINTY AgEcon
Ljumovic, Isidora; Cvijanovic, Janko; Lazic, Jelena.
Review article
Tipo: Article Palavras-chave: Risk; Real options; Valuation; Biotechnology; Agribusiness; Risk and Uncertainty; D04; D81; L65.
Ano: 2012 URL: http://purl.umn.edu/123958
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The effects of inorganic salts on biosynthesis of pectinolytic enzymes by Aspergillus Niger AgEcon
Mojsov, Kiro.
The paper examines effects of different inorganic salts in an apple pulp base on the production of pectinolytic enzymes with the aim of optimizing the medium for maximal enzyme production. The apple pulp combined with corn flour and simple mineral salts was used as a nourishing base in submerged production of pectinolytic enzymes by the fungus Aspergillus niger MK-15. The growth of the microorganism (dry weight) on different sources of nitrogen showed maximum dry weight with (NH4)2HPO4. The growth of the microorganism (dry weight) on different concentration of (NH4)2HPO4 (by 0.2% to 0.8%) provided maximal dry weight with 0.7% (NH4)2HPO4. The different inorganic salts (sources of nitrogen) on base stimulated the production of pectinolytic enzymes and...
Tipo: Journal Article Palavras-chave: Apple pulp; Fermentation; Inorganic salts; Pectinolytic enzymes; Aspergillus niger; Agribusiness; Research and Development/Tech Change/Emerging Technologies; L65.
Ano: 2010 URL: http://purl.umn.edu/94732
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An Analysis of Pricing in the U.S. Cotton Seed Market AgEcon
Shi, Guanming; Stiegert, Kyle W.; Chavas, Jean-Paul.
The purpose of the research in this paper is to investigate the impact of differentiated vertical strategies by agricultural biotechnology firms in the U.S. cottonseed market. The model advances the measurement of industry concentration to consider substitution/complementarity relationships among differentiated products delivered under different vertical structures. We find evidence of sub-additive pricing in the stacking of bundled biotech traits. Prices paid by farmers for cottonseed sold under vertical integration are found to be higher than under licensing. The model is flexible and allows for evaluation of the effects of changing market structures. The parameters on traditional measures of concentration indicate that higher concentration leads to...
Tipo: Conference Paper or Presentation Palavras-chave: Modal Vertical Strategy; Imperfect competition; Cotton seed; Biotechnology; Agricultural and Food Policy; Demand and Price Analysis; Industrial Organization; L13; L4; L65.
Ano: 2009 URL: http://purl.umn.edu/51617
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How to Win Schumpeterian Competition. Technological Transfers in the German Plastics Industry from the 1930s to the 1970s AgEcon
Streb, Jochen.
Introducing the concept of innovation capital we will analyse conditions under which a national industry is able to succeed in international Schumpeterian competition. Then we will discuss the significance of this concept for the economic development of the German plastics industry from the 1930s to the 1970s. Using a repeated game model of technological cooperation we will especially focus on technological transfers from chemical firms to plastics fabricators. We will deploy both a microeconomic approach when viewing product innovations transferred by the so-called Kunststoffrohstoffabteilung (KURO) of chemical firm BASF, and a macroeconomic approach when looking at the development of total factor productivity in the German plastics fabricating industry....
Tipo: Working or Discussion Paper Palavras-chave: Technological transfer; Schumpeterian competition; Repeated game; Plastics industry; Germany; Research and Development/Tech Change/Emerging Technologies; D83; L65; N64; O31.
Ano: 1999 URL: http://purl.umn.edu/28374
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INNOVATION CO-OPERATION MODES IN HUNGARIAN CHEMICAL INDUSTRY AgEcon
Lanyi, Beatrix.
Innovation is becoming a fundamental tool of competitiveness of firms and economies. It is especially relevant in research intensive branches. Chemical industry belongs to one of the most innovative branches in Hungary. As innovation requires significant financial and knowledge resources company co-operations are crucial in carrying out a successful innovation by minimizing the costs and risks in the process. With the increasing number of collaborations the types and modes of co-operations are proliferating as well.
Tipo: Journal Article Palavras-chave: Innovation; Co-operation; Chemical industry; Innovation networks; Hungary.; Research and Development/Tech Change/Emerging Technologies; L65; O31.
Ano: 2009 URL: http://purl.umn.edu/94563
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Researching the possibilities of the pectolytic ensyme biosynthesis with the aspergillus species of microscopic fungi AgEcon
Mojsov, Kiro.
For the purpose of acquiring a highly active producer of pectolytic enzymes, there was a probe of isolating 140 species of Aspergillus’s fungi from different substrates (soils, grape malts, grapes, apples and sugar beet shreds). The isolated kinds of fungi were kept on a slant agar surface according to Chapek, with 2% of pectin. Testing was performed on the isolated layers of fungi as to the production of pectinolytic enzymes. The nourishing base used was the synthetic Chapek base with 2% pectin, 2% lactose and 0.7 % (NH4)2HPO4, and a natural base of 1% refuse apple pulp. Within 48 hours after cultivating the fungi, the filtrates were tested by the viscozimetric method to determine their entire pectolytic activity. The acquired results showed that a...
Tipo: Journal Article Palavras-chave: Biosynthesis; Pectolytic enzymes; Apple pulp; Aspergillus.; Land Economics/Use; L65.
Ano: 2009 URL: http://purl.umn.edu/94608
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The Effects of Environmental Regulation On Technology Diffusion: The Case of Chlorine Manufacturing AgEcon
Snyder, Lori D.; Miller, Nolan; Stavins, Robert N..
We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane technology at existing plants and on the exit of existing plants using older technologies. We find that environmental regulation did affect the diffusion of the cleaner technology in the chlorine industry. However, it did so not by encouraging the adoption of membrane cells by existing facilities, but by reducing the demand for chlorine and hence encouraging the shutdown of facilities using the environmentally inferior options.
Tipo: Working or Discussion Paper Palavras-chave: Regulation; Technological change; Environment; Hazard model; Environmental Economics and Policy; Q20; Q28; L50; L65.
Ano: 2003 URL: http://purl.umn.edu/10554
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Have Biotech Seeds Increased Maize Yields? AgEcon
Xu, Zheng; Hennessy, David A.; Moschini, GianCarlo.
Corn yield is determined by soils, weather, seed used and other technology choices. Global population and per capita income growth trends as well as demand from the energy sector have placed great stress on cropland use. Global cropland acres and/or yield per acre will need to increase. Whether new seed technologies have enhanced corn yield is a controversial issue. We study U.S. county corn yields 1964-2008, controlling for location effects, fertilization technologies and weather. We find evidence that trend yield growth has been fastest in the Central Corn Belt, genetic modification technologies have increased trend yield, and this increase has been largest in the Central Corn Belt.
Tipo: Conference Paper or Presentation Palavras-chave: Biotechnology; Corn Yield; Trend; Regional Effects; Weather; Fertilization.; Crop Production/Industries; Industrial Organization; Research and Development/Tech Change/Emerging Technologies; L65; Q16.
Ano: 2010 URL: http://purl.umn.edu/61303
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