Biotechnology, plant variety protection, and changing property institutions in agriculture
1985
Schmid, A.A.
Extract: Issues are raised as to the consequences of increased reliance on private investment to develop new plants and mirco-organisms. Variable, evolving, and complex living things present a problem in applying patent laws which may not be able to provide the exclusive property rights necessary to recover private investments. Attempts to provide exclusivity may inadvertantly create added costs and affect the choice of breeding method and agricultural technologies, as well as the division of productivity gains between inventors and the public.
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