The scope of intellectual property rights has been expanded in recent years to cover plant varieties. Plant breeders' rights provide weak protection to private plant breeders in many countries. The US and a few other developed countries provide patent protection to plant varieties as well as to some genetic resources. In principle, the strengthening of IPRs for plants should encourage more plant breeding and more variety options for farmers.
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Paper provided by Yale - Economic Growth Center in its series Papers with number
547.
Find related papers by JEL classification: K11 - Law and Economics - - Basic Areas of Law - - - Property Law D2 - Microeconomics - - Production and Organizations