Modelling Economic Returns to Plant Variety Protection in the UK
Bio-based and Applied Economics
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Title |
Modelling Economic Returns to Plant Variety Protection in the UK
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Creator |
Srinivasan, Chittur S.; University of Reading Department of Agricultural & Food Economics |
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Subject |
Intellectual property rights; plant variety protection; appropriability; economic returns
Q16; C41 |
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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.
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Publisher |
Bio-based and Applied Economics
Bio-based and Applied Economics |
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Contributor |
—
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Date |
2012-06-07
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.fupress.net/index.php/bae/article/view/10557
http://www.fupress.net/index.php/bae/article/download/10557/11148 10.13128/BAE-10557 |
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Source |
Bio-based and Applied Economics; Vol 1, No 2 (2012); 151-174
Bio-based and Applied Economics; Vol 1, No 2 (2012); 151-174 2280-6172 2280-6180 |
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Language |
eng
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Relation |
10.13128/BAE-10557
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