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Agricultural Patenting: A Case Study Of Monsanto, Shannon Moran
Agricultural Patenting: A Case Study Of Monsanto, Shannon Moran
Pepperdine Policy Review
In 2012, genetically-modified crops reached 170 million hectares around the globe. The ability to patent basic forms of life such as plant properties and the legal history of those intellectual property rights gives biotechnological companies such as Monsanto immense power in the vital agricultural sector. This article outlines the concerns over genetically-modified products and the implications for follow-on advancements within biotechnology by using Monsanto as a case study. The article finds that patent policies similar to those within the United States severely restrict competition and stifle innovation in not only the agricultural sector but also within research and humanitarian projects. …
The Impact Of Clean Energy On Economic Growth: An Econometrics Approach, Cheng Zhang
The Impact Of Clean Energy On Economic Growth: An Econometrics Approach, Cheng Zhang
Pepperdine Policy Review
This paper reviews the relationship between economic performance and clean energy using country level data. A combined instrumental variable and fixed-effect regression model is adopted to determine the relationship. By examining data in the past 50 years, we conclude that developing alternative energy will harm GDP growth, but to a relatively small degree. Thus, policymakers can take advantage of alternative energy research and development as a long-term investment that will reduce reliance on traditional energy sources.