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Addressing Market Failures for Sustainable Innovations in Plant Varieties

  • Mrinalini Kochupillai
Chapter
Part of the Munich Studies on Innovation and Competition book series (MSIC, volume 5)

Abstract

This chapter takes another look at Schumpeter’s theory and definition of innovation and its relationship with modern intellectual property laws. It finds that intellectual property protection regimes have historically been ‘value-neutral’ in their approach. Accordingly, they protect all innovations notwithstanding the negative externalities that might result from (widespread) adoption of the innovations. IP regimes are therefore not the most suitable instruments to promote sustainable innovations in plant varieties. Summarizing the specific negative externalities associated with present day innovations in plant varieties, the chapter further finds that the ‘market failure’ theory which is often used to justify the introduction of intellectual property rights for various fields of innovation can be better used as a justification to deny or limit intellectual property protection for plant varieties.

Keywords

Intellectual Property Plant Variety Market Failure Negative Externality Intellectual Property Protection 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Berlin Heidelberg 2016

Authors and Affiliations

  • Mrinalini Kochupillai
    • 1
  1. 1.Max Planck Institute for Innovation and CompetitionMunichGermany

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