|
|
|
|
|
| Sarr, Mare; Swanson, Timothy. |
| An important issue in the life sciences industries concerns the nature of the incentive mechanism that should govern the production of innovation within this R&D sector. We look at the specific problem of coordinating the supply of inputs across very different agents - North and South - that must each supply inputs in order to generate innovations from the industry. The current arrangement in this industry provides for a single property right at “end of the pipeline”, i.e. where marketing of the innovation occurs. This property rights scenario raises two problems, one of efficiency and one of equity. The key question asked here pertains to the number and placement of property rights that should be instituted to address this property rights failure.... |
| Tipo: Working Paper |
Palavras-chave: Biodiversity Prospecting; Traditional Knowledge; Genetic Resources; Intellectual Property Rights; Sequential R&D; Production Economics; Q56; O34; L24. |
| Ano: 2011 |
URL: http://purl.umn.edu/119101 |
| |
|
| |
|
|
|
