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COMMERCIALIZATION OF INDIGENOUS GENETIC RESOURCES
Author(s) -
SIMPSON R. DAVID,
SEDJO ROGER A.
Publication year - 1994
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1994.tb00443.x
Subject(s) - commercialization , indigenous , genetic resources , business , natural resource economics , biodiversity , value (mathematics) , technology transfer , industrial organization , environmental economics , microbiology and biotechnology , economics , international trade , ecology , biology , marketing , computer science , machine learning
Living organisms produce chemicals for repelling pests and resisting infections. Some of these chemicals have considerable commercial value. The demonstration of commercial value might motivate increased conservation of tropical biodiversity. Successful commercialization requires countries with genetic resources either to transfer these resources to foreign research organizations that can develop them or to acquire the capacity to develop them commercially. This paper discusses factors in contracting for such transfers and investing in such capacity.