TY  - JOUR
AB  - Identifies the drivers, classifies the structures, examines the governance systems and estimates the relative economic costs and benefits of various identity‐preserved production and marketing (IPPM) systems that have evolved in the Canadian canola industry. The systems vary significantly, depending on whether they are managing input‐ or output‐based, traditionally bred or biotechnology‐based traits. Combines transaction costs and principal‐agent theory in a synthesized transaction cost‐agency model that allows for predictions regarding the organizational form of vertical integration based on the degree of asset specificity, task programmability and non‐separability. Transactions for new, proprietary, novel‐trait canola varieties require a more extensive set of institutions than traditional varieties. Identity‐preserved production and marketing systems appear technically feasible for smaller units of production, but it is unclear whether they are economically viable for long‐term or larger‐scale operations. IPPM systems can provide an effective and proven method of controlling risks and liabilities.
VL  - 9
IS  - 4
SN  - 1359-8546
DO  - 10.1108/13598540410550064
UR  - https://doi.org/10.1108/13598540410550064
AU  - Phillips Peter W.B.
AU  - Smyth Stuart
PY  - 2004
Y1  - 2004/01/01
TI  - Managing the value of new‐trait varieties in the canola supply chain in Canada
T2  - Supply Chain Management: An International Journal
PB  - Emerald Group Publishing Limited
SP  - 313
EP  - 322
Y2  - 2024/04/19
ER  -