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Biodiscovery and Intellectual Property Rights: A Dynamic Approach to Economic Efficiency
This paper examines the use of economic incentives for knowledge generation through biodiscovery, in the particular case of the use of a highly valuable biogenetic resource stock from the South for industrial/research input. The focus is on a dynamic approach to contracting and property rights building upon insights from institutional and ecological economics.
Link
http://www.landecon.cam.ac.uk/RePEc/pdf/200513.pdf