James F. Oehmke
Michigan State University
This paper examines research and development (R&D;) activity, industry structure, and public sector and private sector research orientations in two transgenic biotechnology races. Key results are: the number of R&D; organizations follows a bell curve over time and universities seem to engage in R&D; for smaller markets in which multinational firms do not compete.
Key words: Agricultural biotechnology; concentration; endogenous growth; herbicide-tolerance; industry structure; insect-resistance; research and development (R&D;); Schumpeter.