NEWS 08 10 30 1st & 2nd MT & RP Marks

BIORESOURCE POLICY, BUSINESS & ECONOMICS 292

The Economics of Biotechnology

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Course Outline

Suggested Reading List

Graphics & Other Things

1. Industrial Organization (IO) Model   

2. World at Night

Lecture Notes

   0.0 Introduction

0.1 Knowledge & the Knowledge-Based Economy

0.2 Biological Sciences: Wetware vs. Dryware

0.3 Product vs. Process vs. Enabling or Transformative Innovation

0.4 Sub-Sectors

0.5 The IO Model

   1.0 Basic Conditions

1.1 Demand

1.1.1 Consumer Demand

1.1.2 Cultural Constraints

1.1.3 Intermediate Demand

1.1.4 Rate of Growth

1.1.5 Substitutes & Compliments

1.2 Supply

1.2.1 Risk Taking, Cost-Benefit & the Precautionary Principle

1.2.2 Instrumentation

1.2.3 Knowledge & Talent

1.2.4 Public & Private Infrastructure

1.2.5 Raw Materials

   2.0 Structure

2.1 Cost Structure

2.2 Entry/Exit

2.3 Firm Size, Concentration, Clusters & Alliances

2.4 Innovators

2.5 National Innovation Systems

   3.0 Conduct

3.1 Advertising & Marketing

3.2 Bioprospecting & Piracy

3.3 IPRs & Legal Tactics

3.3.1 Contemporary ‘Rationalization’

3.3.2 The Problematic Matrix & Its Bundle of Rights

3.3.3 Types

Copyright & Trademarks

Patents & Industrial Design

‘Know-How’ & Trade Secrets

Sui Generis Rights

3.3.4 The Panda’s Thumb

Statutory vs. Case Law

Natural vs. Legal Person

Predatory Practices

3.3.5 An Appropriate National Strategy

3.4  Multilateral Codes of Conduct

3.5  Research & Innovation

   4.0 Performance

4.1 Allocative & Technical Efficiency

4.1.1 Side Bar: Trade Lessons from Biology

4.2 Conservation

4.3 Equity

4.4 Profitability

4.5 Progressiveness

© Harry Hillman Chartrand, Ph.D.

Compiler Press, 2007.