Innovation and Intellectual Property Rights

Author:

Campi Mercedes1

Affiliation:

1. IIEP-Baries (UBA-CONICET), Argentina

Abstract

As a contribution to the open debate regarding the effect of Intellectual Property Rights (IPRs) on innovation, this chapter postulates that the adoption of strong IPRs is not a necessary condition to foster innovation in the plant breeding industry. The chapter studies the evolution of the soybean breeding industry in the US and Argentina and shows that regardless the level of intellectual property protection, if there is an attractive and profitable market, firms may search for different appropriability strategies rather than changing their innovative behavior. The chapter finds that the growth rates of new soybean varieties are similar in both countries and the adoption rate is faster in Argentina where the IPRs system is weaker.

Publisher

IGI Global

Reference37 articles.

1. The effects of the US Plant Variety Protection Act on wheat genetic improvement

2. Argentine Republic. (1973). Seeds and Phytogenetic Developments Act No. 20.247. Retrieved 13 December 2010, from www.wipo.int

3. Argentine Republic. (1991). Regulatory Decree No. 2183/91. Retrieved 13 December 2010, from http://www.wipo.int

4. Argentine Republic. (2010). Different Facets of Plant Varieties. Intellectual Property. Vegetable Varieties Biotechnology. Phytogenetic Resources. Commerce of Seeds. Retrieved 29 March 2011, from http://www.inase.gov.ar

5. Arrow, K. (1962). Economic welfare and the allocation of resources for invention. In The Rate and Direction of Inventive Activity: Economic and Social Factors. NBER.

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