COMMERCIALIZATION OF INDIGENOUS GENETIC RESOURCES

R. David Simpson and Roger Sedjo ()

Contemporary Economic Policy, 1994, vol. 12, issue 4, 34-44

Abstract: 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.

Date: 1994
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