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Author: | Goeschl, T. Swanson, T. |
Title: | The social value of biodiversity for R&D |
Journal: | Environmental and Resource Economics
2002 : AUG, VOL. 22:4, p. 477-504 |
Index terms: | Biodiversity Bio-technology Sociology R&D Models |
Language: | eng |
Abstract: | This paper develops a generalized framework in which genetic resources are used in R&D at the base of an industry addressing recurring problems of resistance, as in the pharmaceutical or plant breeding industries. The R&D process is one in which firms are engaging in a continuing contest of innovation against a background of both creative and adaptive destruction. |
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