@article{Jackson:281310,
      recid = {281310},
      author = {Jackson, Jeremy and Smith, Jason},
      title = {Innovation of Agricultural Biotechnology with Experimental  Use Licensing},
      journal = {Journal of Agricultural and Resource Economics},
      address = {2019-01},
      number = {1835-2019-060},
      year = {2019},
      abstract = {Innovation in agricultural biotechnology seed products can  be characterized as a non-drastic innovative process with  product differentiation. We model this innovation and  examine the pricing and purchase decisions for experimental  use licensing. In equilibrium, a technologically advantaged  firm will purchase a license, while a technologically  disadvantaged firm will not. This is the case regardless of  the order of pricing decisions.},
      url = {http://ageconsearch.umn.edu/record/281310},
      doi = {https://doi.org/10.22004/ag.econ.281310},
}