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Medical Research And Genetic Resources Management: The Case Of Taxol

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  • KELLY A. Day
  • GEORGE B. Frisvold

Abstract

Commercial development of the anti‐cancer drug taxol has involved a complex set of interlocking research agreements. This paper explores the implications of such agreements and discusses diverse policy issues surrounding taxol development. Among these are forest management, species preservation, intellectual property rights, and the economics of biomedical research. Advances in genetic research increasingly have linked natural resource and technology policy issues. Institutional innovations in public/private research arrangements play a vital role in biotechnology development but are poorly understood. Policymakers need formal analyses of such agreements in order to evaluate complex research programs.

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  • KELLY A. Day & GEORGE B. Frisvold, 1993. "Medical Research And Genetic Resources Management: The Case Of Taxol," Contemporary Economic Policy, Western Economic Association International, vol. 11(3), pages 1-11, July.
    • Handle: RePEc:bla:coecpo:v:11:y:1993:i:3:p:1-11
    DOI: 10.1111/j.1465-7287.1993.tb00385.x
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    References listed on IDEAS

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    Cited by:

    1. Fuglie, Keith & Ballenger, Nicole & Rubenstein, Kelly Day & Klotz, Cassandra & Ollinger, Michael & Reilly, John & Vasavada, Utpal & Yee, Jet, 1996. "Agricultural Research and Development: Public and Private Investments Under Alternative Markets and Institutions," Agricultural Economic Reports 262031, United States Department of Agriculture, Economic Research Service.
    2. George B. Frisvold & Peter Condon, 1994. "Biodiversity Conservation And Biotechnology Development Agreements," Contemporary Economic Policy, Western Economic Association International, vol. 12(3), pages 1-9, July.
    3. Day-Rubenstein, Kelly A. & Fuglie, Keith O., 1999. "Resource Allocation In Joint Public-Private Agricultural Research," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(2), pages 1-12.
    4. Deke, Oliver, 2004. "Der Preis des "Grünen Goldes": Informationen und Informationsdefizite über den Marktwert genetischer Ressourcen," Kiel Working Papers 1233, Kiel Institute for the World Economy (IfW Kiel).
    5. Caswell, Margriet F. & Fuglie, Keith O. & Klotz, Cassandra A., 1994. "Agricultural Biotechnology: An Economic Perspective," Agricultural Economic Reports 262025, United States Department of Agriculture, Economic Research Service.
    6. Blind, Knut, 2012. "The influence of regulations on innovation: A quantitative assessment for OECD countries," Research Policy, Elsevier, vol. 41(2), pages 391-400.

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