This paper addresses the value of bioprospection for genetic resources (GR) and traditional knowledge (TK) from the South for industrial/research input. The focus is on a dynamic approach to contracting and property rights building upon insights from evolutionary institutional economics. Drawing...

This paper examines the use the use of economic incentives for knowledge generation through biodiscovery, in the particular case of the use of a highly valuable biogenetic resource stock from the South for industrial/research input. The focus is on a dynamic approach to contracting and property...