This paper addresses the value of bioprospection for genetic resources (GR) and traditional knowledge (TK) from the South for industrial/research input. The focus is on a dynamic approach to contracting and property rights building upon insights from evolutionary institutional economics. Drawing...

The future institutional environment for the co-existence of genetically modified (GM) crops, conventional crops and organic crops in Europe combines measures of ex-ante regulation and ex-post liability rules. Against this background we ask the following two questions: How does ex-ante...

The purpose of the paper is to theoretically examine the welfare implications of public sector involvement in agricultural biotechnology R&D. The model assumes that firms (either a private duopoly consisting of a pair of for-profit firms or a mixed duopoly consisting of one for-profit firm and...

Using the World Bank survey of 1500 firms in five Chinese cities, we study whether the presence of foreign firms produces technology spillovers on domestic firms operating in the same city and industry. We find positive spillovers for more technologically advanced firms and no or negative...

Innovation is a key component of a firm's strategy to improve market competitiveness and operational efficiency as well as to respond effectively to changing consumer preferences and regulations. A firm has the choice of undertaking different types of innovations that differ in the extent to...

This paper analyzes two possible methodologies of modeling international technology spillovers in a climate-economy CGE model. Technological change, by affecting productivity, energy and carbon intensity, eventually influences the amount of CO2 emissions, the costs and the timing of the policies...

The paper develops a theoretical framework of heterogeneous consumers and producersto examine the market and welfare effects of the introduction of variety-level genetic userestriction technologies (V-GURTs) under the current No-Labeling regime of GMPs inthe US market. Specifically, the study...

Bio-based fuels represent one of the most viable alternatives to petroleum-based fuel to meet transportation needs in the 21st century. The biofuel industry is in its infancy in Canada but shows considerable growth opportunity. The international interest in biofuels due to environmental and...

It is notoriously difficult to assess the economic value of research aimed at improvingresearch capacity, particularly for the human capital component of research capacity.In this paper, a framework is developed and an analysis is undertaken of the value oftraining for scientists in wheat rust...

Poverty is higher in most African countries than elsewhere in the developing world, and highest in the ruralareas. Accelerating growth in agriculture will therefore be critical to sustain growth and reduce poverty,but policy makers are unsure which sub-sector will yield the highest return for a...