PATENTS, R&D, AND MARKET STRUCTURE IN THE U.S. FOOD PROCESSING INDUSTRY

dc.creatorGopinath, Munisamy
dc.creatorVasavada, Utpal
dc.date2017-04-01T13:43:36Z
dc.date.accessioned2026-07-09T04:10:57Z
dc.descriptionThis study investigates the effects of market structure and research and development (R&D) on the innovation activities of firms. Fixed and random effects count data models are estimated with firm-level data for the U.S. food processing industry. Results show a positive association between patents and R&D, and patents and market structure, suggesting that firms which exhibit noncompetitive behavior are likely to develop new products and processes. Significant intra-industry spillovers of knowledge are identified using industry R&D. For this industry, deadweight losses from imperfect competition may be offset by greater product variety and quality of food products for consumers.
dc.identifierdoi:10.22004/ag.econ.30869
dc.identifierhttps://ageconsearch.umn.edu/record/30869/files/24010127.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/30869
dc.identifier.urihttp://hdl.handle.net/123456789/546038
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/30869
dc.titlePATENTS, R&D, AND MARKET STRUCTURE IN THE U.S. FOOD PROCESSING INDUSTRY
dc.typeText

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