The earliest state cooperative laws in the United States were stock laws modeled upon the Rochdale experience and were adaptations of basic corporate laws of Incorporation to the cooperative form of organization. They ...

Agricultural research has experienced increased industry spending and public-private collaborations. Private incentives for public goods research are limited. Public-private ventures can foster socially beneficial research. ...

We discuss an innovative scheme, the Cooperative Research Centers Program, established by the Australian government in 1991, which has a major objective of delivering research output of direct benefit to Australian industries. ...

Concentration in the agricultural biotechnology sector and general patterns of restructuring raise important policy questions regarding public investments in research and extension. We argue that the most valuable contributions ...

The potential for market failure resulting from under-investment in research is onejustification for public agricultural research. This justification seems less germane given recent developments regarding intellectual ...

The traditional research paradigm represents discoveries flowing linearly from basic science conducted in public institutions to applied research and commercialization undertaken largely by private industry. This ...

Increased collaboration between private firms and State Agricultural Experiment Stations (SAES) raises fears that the independence, objectivity, and credibility of SAES and their scientists may be compromised. Likewise, ...

For over one hundred years, Land Grant Universities (LGUs) have pushed the frontiers of knowledge; have translated new knowledge into practice for the benefit of farmers, agribusiness and consumers; and have prepared the ...

In this article, I focus on the financial-market entrepreneur—what Rothbard (1962, 1985) calls the capitalist-entrepreneur— to outline some features of an Austrian theory of corporate governance. I begin by reviewing the ...

Recent law and economics literature suggests that courts and administrative agencies should allow utilities to renegotiate supply contracts signed prior to restructuring, as an attractive alternative to continued regulatory ...

The structure of the United States (U.S.) public-private plant genetic research system is being transformed by the emergence of practical biotechnology protocols for creating transgenic plants; and by strengthened intellectual ...

Frederich August von Hayek is undoubtedly the most eminent of the modern Austrian economists. Student of Friedrich von Wieser, protégé and colleague of Ludwig von Mises, and foremost representative of an outstanding ...

Goff, Shughart and Tollison [1997] attribute the American League's higher hit-batsman rate since 1973 to moral hazard: pitchers who no longer bat no longer face retaliation. We argue that retaliation is more efficiently ...

A Turbo Pascal program is used to generate vocabulary management profiles (VMPs). The program counts the new vocabulary words introduced into a text over successive thirty-five-word intervals, and these numbers are then ...

This Article summarizes and assesses the growing body of empirical research in transaction cost economics (TCE). Originally an explanation for the scale and scope of the firm, TCE is used to study a variety of economic ...

This paper highlights some distinctive Austrian contributions to the theory of the firm, contributions that have been largely neglected, both inside and outside the Austrian literature. In particular, Mises's concept of ...

The marketing plan described here is intended, first, to cover as many of the costs of production as possible and, second, to maximize the price received for commodities produced. Many farmers try to maximize price before ...

Discusses an Extension educator's role in the community, especially when faced with the situation that research conflicts with grassroots beliefs.

The objective of this paper is threefold: 1) to introduce the recent emergence of a nontraditional form of collective action in rural United States, 2) to explore the path-dependent institutional environment from which ...

Mintzburg's managerial working role model is used to explore the ways roles and behavior of the general manager of a user-oriented firm differ from those of the manager of an investor-owned firm (lOF). It is argued that, ...