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Establishing Effective Intellectual Property Rights And Reducing Barriers To Entry In Canadian Agricultural Biotechnology Research

In: Agricultural Biodiversity and Biotechnology in Economic Development

Author

Listed:
  • Derek Stovin

    (University of Saskatchewan)

  • Peter W. B. Phillips

    (University of Saskatchewan)

Abstract

Governments face a second-best situation when they consider the appropriate policy for realizing the optimal level of agricultural research. As public research effort is constrained, private research is required. In absence of any effective way of excluding others from using intellectual innovations, a public good problem will exist. While intellectual property rights help to reduce the public good problem through granting market power to innovators seeking to commercialize their inventions, these rights also create deadweight losses. This paper examines the tradeoffs inherent in IPR policies and uses a Canadian example to show how some of the unwelcome effects can be minimized.

Suggested Citation

  • Derek Stovin & Peter W. B. Phillips, 2005. "Establishing Effective Intellectual Property Rights And Reducing Barriers To Entry In Canadian Agricultural Biotechnology Research," Natural Resource Management and Policy, in: Joseph Cooper & Leslie Marie Lipper & David Zilberman (ed.), Agricultural Biodiversity and Biotechnology in Economic Development, chapter 0, pages 309-328, Springer.
    • Handle: RePEc:spr:nrmchp:978-0-387-25409-8_15
    DOI: 10.1007/0-387-25409-9_15
    as

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