R&D Investments in Plant Breeding under Changing Intellectual Property Rights

In a Cournot duopoly model, we examine three policy regimes relevant to current international plant breeding: patents alone, patents with a farmer exemption to use saved seed, and patents with research collaboration. In the symmetric version of the model where firms are identical, we show that the...

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Bibliographic Details
Main Authors: Mehdi Arzandeh, Derek G. Brewin
Format: Article
Language:English
Published: EconJournals 2021-11-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/11544