Record Details

Modelling Economic Returns to Plant Variety Protection in the UK

Bio-based and Applied Economics

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Field Value
 
Title Modelling Economic Returns to Plant Variety Protection in the UK
 
Creator Srinivasan, Chittur
 
Subject Intellectual property rights
plant variety protection
appropriability
 
Description This paper attempts an empirical assessment of the incentive effects of plant variety protection regimes in the generation of crop variety innovations. A duration model of plant variety protection certificates is used to infer the private appropriability of returns from agricultural crop variety innovations in the UK over the period 1965-2000. The results suggest that plant variety protection provides only modest appropriability of returns to innovators of agricultural crop varieties. The val- ue distribution of plant variety protection certificates is highly skewed with a large proportion of innovations providing virtually no returns to innovators. Increasing competition from newer varieties appears to have accelerated the turnover of varie- ties reducing appropriability further. Plant variety protection emerges as a relatively weak instrument of protection.
 
Publisher Firenze University Press
 
Date 2012-06-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://oaj.fupress.net/index.php/bae/article/view/3223
10.13128/BAE-10557
 
Source Bio-based and Applied Economics; Vol. 1 No. 2 (2012); 151-174
2280-6172
2280-6180
 
Language eng
 
Relation https://oaj.fupress.net/index.php/bae/article/view/3223/3223