Conserving Biodiversity by Commercialization? A Model Framework for a Market for Genetic Resources

Arbeitspapier

Since naturally occurring genetic information serves as a valuable input for biotechnological R&D, the private provision of genetic resources could generate income for the protection of biodiversity-rich areas. However, there has been a controversy over whether these potential revenues are sufficient to compensate for the costs of protection and, therefore, whether markets for genetic resources can effectively contribute to the conservation of biodiversity. In this paper, a market framework is developed to describe possible market outcomes, each with a different impact on conservation. It turns out that the market-induced incentives to conserve depend on the specific situation on the supply and demand side of the market.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 1054

Classification and Topics

• Classification: Wirtschaft ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Innovation and Invention: Processes and Incentives
• Subject: Biodiversity ; Biotechnological R&D ; Conservation ; Genetic Resources ; Land-Use ; Biodiversität ; Marktmechanismus ; Bodennutzung ; Ressourcenökonomik ; Biotechnische Forschung ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Deke, Oliver
• Event: Veröffentlichung
• (who): Kiel Institute of World Economics (IfW)
• (where): Kiel
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/17717
• Last update: 10.03.2025, 11:42 AM CET