IDEAS home Printed from https://ideas.repec.org/p/ags/midasp/11812.html
   My bibliography  Save this paper

Cyclical Concentration And Consolidation In Biotech R&D: A Neo-Schumpeterian Model

Author

Listed:
  • Oehmke, James F.
  • Wolf, Christopher A.
  • Weatherspoon, Dave D.
  • Naseem, Anwar
  • Maredia, Mywish K.
  • Raper, Kellie Curry
  • Hightower, Amie L.

Abstract

Over the past fifteen years, the agricultural biotechnology industry has exhibited cyclical behavior in concentration and consolidation. This paper provides a theoretical model of endogenous R&D, in which industry concentration exhibits cyclical behavior. The model also generates additional testable hypotheses, and policy implications.

Suggested Citation

  • Oehmke, James F. & Wolf, Christopher A. & Weatherspoon, Dave D. & Naseem, Anwar & Maredia, Mywish K. & Raper, Kellie Curry & Hightower, Amie L., 1999. "Cyclical Concentration And Consolidation In Biotech R&D: A Neo-Schumpeterian Model," Staff Paper Series 11812, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:11812
    DOI: 10.22004/ag.econ.11812
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/11812/files/sp99-50.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.11812?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rausser, Gordon C. & Scotchmer, Suzanne & Simon, Leo K., 1999. "Intellectual Property and Market Structure in Agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt70j206tr, Department of Agricultural & Resource Economics, UC Berkeley.
    2. James F. Oehmke & Dave D. Weatherspoon & Christopher A. Wolf & Anwar Naseem & Mywish Maredia & Amie Hightower, 2000. "Is agricultural research still a public good?," Agribusiness, John Wiley & Sons, Ltd., vol. 16(1), pages 68-81.
    3. Rausser, Gordon C. & Scotchmer, Suzanne & Simon, Leo K., 1999. "Intellectual Property and Market Structure in Agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt70j206tr, Department of Agricultural & Resource Economics, UC Berkeley.
    4. Hayenga, Marvin L. & Kalaitzandonakes, Nicholas, 1999. "Structural Changes in the Biotechnology and Seed Industrial Complex; Theory and Evidence," Staff General Research Papers Archive 10404, Iowa State University, Department of Economics.
    5. Gregory D. Graff & Gordon C. Rausser & Arthur A. Small, 2003. "Agricultural Biotechnology's Complementary Intellectual Assets," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 349-363, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oehmke, James F. & Wolf, Christopher A. & Weatherspoon, Dave D. & Naseem, Anwar & Maredia, Mywish K. & Raper, Kellie Curry & Hightower, Amie L., 1999. "Cyclical Concentration And Biotech R&D Activity: A Neo-Schumpeterian Model," Staff Paper Series 11792, Michigan State University, Department of Agricultural, Food, and Resource Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karantininis, Kostas & Hajderllari, Eliona, 2015. "Extracting the Kyoto Rents: Nitrogen Efficient GMO Rice in China," 2015 Conference, August 9-14, 2015, Milan, Italy 211831, International Association of Agricultural Economists.
    2. Rousselière, Samira & Rousselière, Damien & Ramani, Shyama, 2016. "Innovation Led Alliances: Theory and application to the GM Plant Industry," 149th Seminar, October 27-28, 2016, Rennes, France 244949, European Association of Agricultural Economists.
    3. Giancarlo Moschini & Harvey Lapan & Andrei Sobolevsky, 2000. "Roundup ready® soybeans and welfare effects in the soybean complex," Agribusiness, John Wiley & Sons, Ltd., vol. 16(1), pages 33-55.
    4. Thirtle, Colin G. & Srinivasan, Chittur S. & Heisey, Paul W., 2001. "Public Sector Plant Breeding In A Privatizing World," Agricultural Information Bulletins 33775, United States Department of Agriculture, Economic Research Service.
    5. Schimmelpfennig, David E. & Pray, Carl E. & Brennan, Margaret F., 2004. "The impact of seed industry concentration on innovation: a study of US biotech market leaders," Agricultural Economics, Blackwell, vol. 30(2), pages 157-167, March.
    6. Srinivasan, Chittur S., 2012. "Modelling Economic Returns to Plant Variety Protection in the UK," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 1(2), pages 1-24, August.
    7. C.S. Srinivasan, 2005. "The International Trends In Plant Variety Protection," The Electronic Journal of Agricultural and Development Economics, Food and Agriculture Organization of the United Nations, vol. 2(2), pages 182-220.
    8. Srinivasan, C. S., 2003. "Concentration in ownership of plant variety rights: some implications for developing countries," Food Policy, Elsevier, vol. 28(5-6), pages 519-546.
    9. Xia, Yin & Buccola, Steven T., 2001. "Are Basic Science And Biotechnology Complementary Activities?," 2001 Annual meeting, August 5-8, Chicago, IL 20575, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Moschini, GianCarlo & Lapan, Harvey E. & Sobolevsky, Andrei, 2000. "Trading Technology As Well As Final Products: Roundup Ready Soybeans And Welfare Effects In The Soybean Complex," Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26002, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
    11. Nolan, Elizabeth & Santos, Paulo, 2010. "Measuring the Contribution of Genetic Characteristics as an Indicator of Innovation: The Case of Corn in the USA, 1990-2009," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61333, Agricultural and Applied Economics Association.
    12. Nolan, Elizabeth & Santos, Paulo & Shi, Guanming, 2012. "Market concentration and productivity in the United States corn sector: 2002-2009," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 125941, Agricultural and Applied Economics Association.
    13. Wilson, William W. & Huso, Scott R., 2008. "Trait Stacking, Licensing, and Seed Firm Acquisitions on Genetically Modified Grains: A Strategic Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(3), pages 1-20.
    14. Oehmke, James F. & Wolf, Christopher A. & Weatherspoon, Dave D. & Naseem, Anwar & Maredia, Mywish K. & Raper, Kellie Curry & Hightower, Amie L., 1999. "Cyclical Concentration And Biotech R&D Activity: A Neo-Schumpeterian Model," Staff Paper Series 11792, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    15. Jackson, Lee Ann, 2000. "Agricultural Biotechnology And The Privatization Of Genetic Information: Implications For Innovation And Equity," Working Papers 14365, University of Minnesota, Center for International Food and Agricultural Policy.
    16. Huffman, Wallace, 2005. "Developments in the Organization and Finance of Public Agricultural Research in the United States, 1988-1999," Staff General Research Papers Archive 12485, Iowa State University, Department of Economics.
    17. Runge, C. Ford & Jackson, Lee Ann, 1999. "Labeling, Trade And Genetically Modified Organisms (Gmos): A Proposed Solution," Working Papers 14402, University of Minnesota, Center for International Food and Agricultural Policy.
    18. Gregory D. Graff & David Roland-Holst & David Zilberman, 2005. "Biotechnology and Poverty Reduction in Developing Countries," WIDER Working Paper Series RP2005-27, World Institute for Development Economic Research (UNU-WIDER).
    19. Michael J. Rizzo, 2005. "The public interest in higher education," Proceedings, Federal Reserve Bank of Cleveland, pages 19-45.
    20. Eran Binenbaum, 2005. "Towards a Relational Economics," School of Economics and Public Policy Working Papers 2005-04, University of Adelaide, School of Economics and Public Policy.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:midasp:11812. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/damsuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.