Commissioned by the CGIAR Science Council and prepared as a Background Paper for the 2008 World Development Report of the World Bank.

Proponents tout the positive incentive-to-innovate effects of intellectual property rights (IPRs), while others maintain that the expanding subject matter and geographical extent of IPRs are stifling crop research, especially research and development (R&D) dealing with developing-country crop...

Despite the efforts of various economists and agricultural scientists in calling for more investments, funding for agricultural R&D has been stagnated for the last two decades in China. This will pose a great challenge for the China's agricultural sector. Productivity has leveled off, and...

When a new technology consists of sequences of innovations that culminate in a finalconsumer product, the balance between successive innovators is one of the main concernsin the design of the patent system. While intertemporal aspects of incentive are critical inthis environment of sequential...

Some hypotheses about the timing of farmers becoming aware of an innovation and the subsequent decision to use that innovation are derived from a recently developed, decision-theoretic model of the adoption process. They are tested using empirical evidence on the time taken by early adopters of...

Econometric studies of the effects of research on productivity have typically imposed arbitrary restrictions on the length and shape of the R&D on productivity and the estimated rate of return to research. This paper argues that the useful stock of public knowledge depreciates, if at all, only...

Transgenic crops are relatively new technologies being adopted rapidly in the United States and in a few other countries. The economic impacts of these technologies have, thus far, been estimated in a piecemeal fashion. The purpose of this study was to collect and characterize the economic...

Economic analysis of the process of technical change has often involved macro-level studies of its causes and consequences. Relatively little attention has been given to the, more fundamental knowledge generation process itself. This stems in large part from the real difficulties of obtaining...