CYCLICAL CONCENTRATION AND CONSOLIDATION IN BIOTECH R&D: A NEO-SCHUMPETERIAN MODEL

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.

MoreLess

Year of publication:	1999
Authors:	Oehmke, James F. ; Wolf, Christopher A. ; Weatherspoon, Dave D. ; Naseem, Anwar ; Maredia, Mywish K. ; Raper, Kellie Curry ; Hightower, Amie L.
Institutions:	Department of Agricultural, Food and Resource Economics, Michigan State University
Subject:	Industrial Organization \| Research and Development/Tech Change/Emerging Technologies

More details

Extent:	application/pdf
Series:	Staff Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Department of Agricultural Economics>Staff Paper Series Number 11812
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005476377