Data/hora: 09/06/2024 17:31:31

Provedor de dados: 	31	
País: 	United States	
Título: 	Crop Research Incentives in a Privatized Industry: A Stochastic Approach	
Autores: 	Malla,   Stavroula; Gray,   Richard S.	
Data: 	2006-05-24	
Ano: 	2002	
Palavras-chave: 	Search process; Stochastic process; Biotechnology; IPRs; Applied R&amp;D; Basic R&amp;D; Imperfect competition; Differentiated products; Heterogeneous producers.; Agribusiness.	
Resumo: 	We model today's privatized crop research industry as a small number of firms, developing and selling differentiated products to heterogeneous producers. Crop variety research is modeled as a search process, which allows us to differentiate between applied and basic research and recognize research as a stochastic process. We use the framework to develop a number of propositions regarding private research incentives, the spillovers of knowledge, and the impact of public policy. The results suggest an underinvestment in research even when property rights have been established.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	21507

http://purl.umn.edu/24936	
Editor: 	AgEcon Search	
Relação: 	European Association of Agricultural Economists&gt;2002 International Congress, August 28-31, 2002, Zaragoza, Spain

Contributed Paper	
Formato: 	16

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