The advent of new biotechnologies implies significant changes in
the world, both biologically and industrially. Biologically, these
new technologies represent changes on a scale never before
witnessed in the context of evolutionary systems. How these systems
will respond to these changes is uncertain and potentially very
significant. The first part of this volume addresses these issues
in a series of chapters considering the manner in which societies
might analyse and manage these systemic responses to
biotechnological changes.
The second part of the volume addresses the industrial issues
concerning biotechnologies. One of the primary motivations for
these changes is to enhance the appropriability of the value of
innovation occurring within the life sciences sectors. Changing to
a property rights-based system of biotechnology has implications
for the nature of research and development within these sectors,
and the diffusion and distribution of its benefits across the
globe. Another set of chapters in this volume sets out a framework
for considering these important industrial issues.
The volume is the outcome of a two-year project on the economics
of managing biotechnologies in agriculture. It is recommended to
academics and policy makers interested in the issues concerning
society's options in the management of this process of
technological change.
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