Intellectual Property Rights and Crop-Improving R&D under Adaptive Destruction, June 2007

This paper studies how the strength of intellectual property rights (IPRs) affects investments in biological innovations when the value of an innovation is stochastically reduced to zero because of the evolution of pest resistance. We frame the problem as a research and development (R&D) investment game in a duopoly model of sequential innovation. We characterize the incentives to invest in R&D under two competing IPR regimes, which differ in their treatment of the follow-on innovations that become necessary because of pest adaptation. Depending on the magnitude of the R&D cost, ex ante firms might prefer an intellectual property regime with or without a “research exemption” provision. The study of the welfare function that also accounts for benefit spillovers to consumers—which is possible analytically under some parametric conditions, and numerically otherwise—shows that the ranking of the two IPR regimes depends critically on the extent of the R&D cost.

National register of historic places in Iowa,1978.

This is a list of properties in Iowa in 1978 that are on the National Register of Historic Places. These properties are recognized as being historically, architecturally and archaeologically significant through a program of registration, financial aid and incentive, and partial protection from damage or destruction by federally-funded projects.

Pieces of Iowa’s Past, May 4, 2011

Pieces of Iowa’s Past, published by the Iowa State Capitol Tour Guides weekly during the legislative session, features historical facts about Iowa, the Capitol, and the early workings of state government. All historical publications are reproduced here with the actual spelling, punctuation, and grammar retained. May 4, 2011 THIS WEEK: Destruction and Salvage of the Iowa Building BACKGROUND: Iowa was the first state to dedicate its building at the Louisiana Purchase Exposition. This it did on November 14, 1903, five and one-half months before the opening of the World’s Fair. The building was an extravagant structure, but its life was temporary. Destruction of the building began on December 1, 1905

Fatigue and Residual Stress Investigation of Composite Prestressed Steel Beams, HR-74, 1963

Two composite, prestressed, steel beams, fabricated by slightly different methods, were fatigue tested to destruction. Stresses and deflections were measured at regular intervals, and the behavior of each beam as failure progressed was recorded. Residual stresses were then evaluated by testing segments of each beam. An attempt was made to assess the effects of the residual stresses on fatigue strength.