Impact of Biotech Grains on Market Structure and Societal Welfare

The authors quantify the economic impact of introducing genetically modified (GM) crops in the research paper from Iowa State University. Short-run results suggest that it might be optimal to maintain the identity of a greater proportion of non-GM grain than is currently demanded by non-GM consumers. Long-run results show that GM crops almost always benefit society, but one scenario is presented where overall welfare falls.

Issues in the Regulation of Genetically Engineered Plants and Animals

The study from the Pew Initiative on Food and Biotechnology looks at the issues being debated in state legislature regarding genetically modified foods. A decrease was found in the number of bills intended to increase penalties for intentional crop destruction, while there was an increased number of bills intended to boost economic development through use of biotechnology.

Accelerating Technology Transfer & Commercialization In The Life and Health Sciences

The report from the Kauffman Foundation attempts to identify the barriers to commercialization in life sciences. The challenge, according to the report, lies in identifying and replicating the processes that facilitate swift movement of technology from the halls of academia to the front-line of American commerce and health care.

Impact of Biomedical Research Funding on the Development of State and Local Economies

This article investigates the reasons, which led to the increasing public opposition towards agricultural biotechnology in developed and developing countries, shows how public policy and the market are responding to the increasing opposition, and presents ways for
policy-makers to handle the increasing difficulties.