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Biotechnology, Agriculture and the Developing World - The Distributional Implications of Technological Change (Hardcover, illustrated edition)
Loot Price: R3,478
Discovery Miles 34 780
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Biotechnology, Agriculture and the Developing World - The Distributional Implications of Technological Change (Hardcover, illustrated edition)
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How will the industrial changes implicit within new biotechnologies
affect modern agriculture? This book investigates these changes and
provides an economic analysis of the industrial and distributional
impacts of new biotechnologies, addressing in detail the
significant consequences for developing countries. One of the most
important facets of biotechnological change is the development of
new technologies for appropriating the value of innovations in
related industries. In agriculture these new appropriation
technologies are known as 'genetic use restriction technologies',
which enable the innovator to capture the value of innovative plant
varieties by preventing their reproduction after purchase. This
book analyses the implications of such technologies in terms of
global agricultural production, the rate of innovation at the
technological frontier and, in particular, the diffusion of these
innovations across the globe. The authors set forth the economic
and institutional framework within which innovations are occurring,
focusing on the impacts on the least technologically advanced
nations and their incentives to conserve genetic resources for use
in future research and development. This stimulating book should be
widely read by agricultural and resource economists, development
economists, and scholars and researchers of environmental
economics. Policymakers in developing countries will also gain
valuable insights into the distribution of the potential benefits
from biotechnology.
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