Search, bioprospecting and biodiversity conservation
نویسندگان
چکیده
To what extent can private-sector bioprospecting incentives be relied upon for the protection of biological diversity? The literature contains dramatically different estimates of these incentives, from trivial to quite large. We resolve this controversy by isolating the fundamental source of the discrepancy and then providing empirically defensible estimates based on that analysis. Results demonstrate that the bioprospecting incentive is unlikely to generate much private-sector conservation. Thus, other mechanisms are likely required to preserve the public good of biodiversity. r 2006 Elsevier Inc. All rights reserved.
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To what extent can the private sector be relied upon for the protection of biological diversity? Bioprospecting, the search for valuable products such as pharmaceuticals in biological organisms, is one incentive mechanism that has received much recent attention in the literature (Polasky et al. 1993, Polasky and Solow 1995, Simpson et al. 1996, Koo and Wright 1999, Rausser and Small 2000). Simp...
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