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Research and Development (R&D) and innovation are crucial features of the seed industry. To supportlarge R&D investments by the private sector, strong intellectual property rights, such as patents, arenecessary. The exclusivity granted by patents naturally creates market power positions and...
Persistent link: https://www.econbiz.de/10009360717
We develop a reputation model to study the concurrent use of trademarks and certification for foodproducts with a regional identity, known as geographical indications (GIs). The model extendsShapiro’s (1983) approach to modeling reputation to a situation in which two technologies for...
Persistent link: https://www.econbiz.de/10009360745