Plant Breeders' Rights, Patents, and Incentives to Innovate
Both patents and Plant Breeders' Rights (PBRs) can protect plant innovations. Unlike patents, PBRs allow farmers to save part of their harvest to replant. We analyze the impact of this exemption on prices and innovation in a monopoly setting. In a PBR regime, a monopolist might let farmers self...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2018-01-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/267613 |