Economic Governance of Property Rights: comparative analysis on the collection of royalties in genetically modified soybean seeds
2013
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Details
Title
Economic Governance of Property Rights: comparative analysis on the collection of royalties in genetically modified soybean seeds
Keywords
This paper examines the governance of property rights on genetically
modified (GM) soybean seeds. Specifically; the article undertakes a comparative
analysis on the collection of royalties in GM soybean seeds in the U.S. and Brazil.
For each country; the authors describe the regulatory framework governing
the protection of biotechnology innovations in agriculture and investigate the
mechanisms of royalty collection in GM soybean seeds. The paper also offers
econometric evidence linking the capture of value on biotech innovations and
the protection mechanisms deployed by biotech firms. The results suggest that; subject to the institutional environment; firms may choose to transact a GM
attribute separated from the seed; building specialized governance structures
framed around the genetic attribute and not around the seed as a whole.
Subject(s)
Issue Date
Mar 30 2013
Publication Type
Journal Article
DOI and Other Identifiers
Record Identifier
https://ageconsearch.umn.edu/record/184444
PURL Identifier
http://purl.umn.edu/184444
Published in
Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR)
Volume
51
Issue
1
Page Range
25 - 44
Total Pages
20
JEL Codes
GM seed
royalty collection
property rights
governance mechanism
royalty collection
property rights
governance mechanism
Series Statement
Volume 51
Number 01
Number 01