|
|
|
|
|
| Malla, Stavroula; Gray, Richard S.. |
| The study examines the incentives and incidence of private R&D investment in the today's biotech industry. A three-stage search/imperfect competition model is developed to derive the optimal pricing and investment decisions of private firms and to develop conjectures about how these decisions are affected by exogenous factors. The analysis shows that basic public research "crowds in" applied private research while applied public research "crowds out" applied private research. The current technology level and the cost of the experimentation negatively affect private investment, while the price of the final product positively affects the private investment. Moreover, the greater the product heterogeneity, the higher the price charged with the same... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2001 |
URL: http://purl.umn.edu/20544 |
| |
|
| |
|
| |
|
|
| Gray, Richard S.; Malla, Stavroula; Tran, Kien C.. |
| This paper develops an empirical framework for estimating a number of inter-firm and downstream research spillovers in the canola crop research industry. The spillovers include basic research, human capital/ knowledge (as measured through other-firm expenditures), and genetics (as measured through yields of other-firms). The model used to examine spillover effects on research productivity provides evidence that there are many positive inter-firm non-pecuniary research spillovers, which is consistent with a research clustering effect. The second model, which examines spillovers at the level of firm revenue , shows that, while private firms tend to crowd one another, public firm expenditure on basic and applied research creates a crowding-in effect for... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Basic research; Applied research; Public research expenditures; Private research expenditures; Biotechnology; Research and Development/Tech Change/Emerging Technologies; O3. |
| Ano: 2005 |
URL: http://purl.umn.edu/24776 |
| |
|
| |
|
|
| Gray, Richard S.; Malla, Stavroula; Tran, Kien C.. |
| The study uses firm-specific data in the biotech canola industry to empirically examine research spillovers among public and private firms at the level of research output, research sales revenue, and research social revenue. The non-pecuniary spillovers that are examined include basic research, human capital/ knowledge (as measured through other-firm expenditures) and genetics (as measured through yields of other-firms). The results provide strong empirical evidence of several research spillovers in the biotech crop research industry such as: basic and applied public research creates a positive spillover for private firms at all levels; applied expenditure within-group reduces other-firm revenue while between-group expenditure increases revenue; genetic... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
| Ano: 2003 |
URL: http://purl.umn.edu/22137 |
| |
|
|
| Gray, Richard S.; Malla, Stavroula; Perlich, Ken. |
| In response to growing concerns about coronary heart disease (CHD), the Government of Canada has recently taken policy measures to reduce Canadian trans fatty acid (TFA) consumption. The mandatory labelling of trans fat content in foods began in December 2005. The House of Commons also established a task force in November 2004 to develop a set of regulations to ban the sale of food products with a TFA content greater than 2 percent. The issue at stake is whether the mandatory content restriction has economic merit. While the mandatory TFA reductions could reduce heart disease and improve the health of Canadians, they also have the potential to increase economic costs faced by all aspects of the Canadian food oil complex, from primary producers to... |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety. |
| Ano: 2006 |
URL: http://purl.umn.edu/46384 |
| |
|
| |
|
|
|
