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AEM_335_Midterm_08

AEM_335_Midterm_08 - The results give you values of 2.17...

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AEM 335 Midterm March 6, 2008 NAME:_________________________________ Definitions (5 points each) Benefit sharing: Non-rivalry good: Terms-of-Trade/INCO Terms: UPOV: Short answer (10 points each) 1. What is the relationship between income elasticity of demand and quality demand elasticity? 2. The information we examined on the sharing of benefits for biotech crops between the technology supplier and farmers indicated that farmers generally receive a higher share in developing countries than developed ones.
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Can you make a case for how that difference might be associated in part to the operation of IPR systems? Long answer (answer 3 of 4, 20 points each) 1. Imagine that as part of your market assessment you have compiled income elasticities of demand for tomatoes in India.
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Unformatted text preview: The results give you values of 2.17 for low income consumers and 1.57 for middle income households. How can you use that information in your business/marketing plan? 2. Identify the advantages and disadvantages of licensing production and licensing technology as marketing options for your tomatoes. 3. Discuss the relationships among: TRIPs UPOV/PVP Indigenous knowledge Biodiversity Protection of Plant Varieties and Farmers’ Rights Act (India) Biological Diversity Bill (India) Convention on Biological Diversity 4. Assume that the delayed ripening technology you license under the course scenario is indeed the very FlavrSavr© technology. Knowing that, what IP issues must you consider as you develop your marketing/business plan for India?...
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