AgBioForum, vol. 11, no. 2 (2008)
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Pricing and Welfare Impacts of New Crop Traits : The Role of IPRs and Coase's Conjecture Revisited
(AgBioForum, 2008)Crop traits are durable when embedded in varieties, and thus they may be subject to Coase's conjecture that monopolists who sell durables may be unable to earn normal monopoly rents, or in the extreme case, not any rents ... -
Does Biotech Labeling Affect Consumers' Purchasing Decisions? A Case Study of Vegetable Oils in Nanjing, China
(AgBioForum, 2008)This study analyzes whether biotech labeling has an impact on consumers' purchasing behavior in China using vegetable oils in Nanjing as a case study. An Almost Ideal Demand System (AIDS), which encompasses expenditure ... -
How External Political-Economic Forces Affect Firms' Attitudes Toward the Industrial Use of Genetically Modified Organisms : An Analysis in the South Korean Context
(AgBioForum, 2008)Based on survey data, this article investigates the effects of external political-economic forces on firms' attitudes toward the industrial use of GMOs in the South Korean context by performing an ordered probit regression ... -
Public Attitudes Toward Molecular Farming in the UK
(AgBioForum, 2008)Plant-made pharmaceuticals represent the third generation of genetically modified crops as well as a potentially significant development in pharmaceutical and vaccine manufacturing. Successful development is contingent on ... -
Trust and Distrust in Biotechnology Risk Managers : Insights from the United Kingdom, 1996-2002
(AgBioForum, 2008)During the late 1990s, negative events related to biotechnology were reported in the UK media. According to the trust asymmetry hypothesis, such events should cause public trust in biotechnology risk managers to decline ... -
An Ex-ante Evaluation of the Economic Impact of Bt Cotton Adoption by Spanish Farmers Facing the EU Cotton Sector Reform
(AgBioForum, 2008)Cotton production in the European Union (EU) is limited to areas of Greece and Southern Spain (Andalusia). The 2004 reform of the EU cotton policy severely affected the profitability of the crop. In this article we analyze ... -
Insiders' Views on Business Models Used by Small Agricultural Biotechnology Firms : Economic Implications for the Emerging Global Industry
(AgBioForum, 2008)The source of most innovations coming from the emerging agricultural biotechnology industry is small and medium enterprises (SMEs), yet SMEs have a high failure rate, which raises questions, such as "is there some flaw in ...