This paper analyzes the effects of varying appropriability or strength of IPRs for agricultural seeds. Farmers are modelled as heterogeneous producers, purchasing seed from an innovating monopolist in a vertical product differentiation framework. The effects of IPRs on innovation are endogenized...

The trade-offs involved in the extent of appropriability conferred by intellectual property right (IPR) protection to innovators remains an area with many unanswered questions. This paper considers the case of IPRs for product innovations where the product is an intermediate good used to produce...