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Biodiversity and Business

Coming to Terms with the 'Grand Bargain

Bibliographic Data

ID4030998
AuthorsKerry Ten Kate (Royal Botanic Gardens, Kew), Sarah A Laird (0000-0002-2769-5098, Royal Botanic Gardens, Kew)
Year2000
Volume76
Issue2
Pages241-264
Publication date2000-04-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Affairs (JOURNAL)
Journal identifiersISSN: 0020-5850 • E-ISSN: 1468-2346
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-2346.00132
OpenAlexW2007284445
LanguageEN
Citations received14

The Convention on Biological Diversity incorporates an exchange that has been described as a ‘grand bargain’ which balances the needs of both technologically and biologically endowed countries. The role of genetic resources in R&D and sales varies by industry sector, however, so it is difficult to generalize on company demand for genetic resources and fair and equitable benefit-sharing. It is important, therefore, to examine the particular features of industry R&D programmes, providers of genetic resources, and trends in benefit-sharing partnerships in specific industry sectors. This article examines markets for genetic resources, costs and duration of R&D, types of genetic resources accessed, providers of genetic resources and benefit-sharing partnerships in the pharmaceutical, biotechnology, crop protection, seed, botanical medicine, horticulture, and personal care and cosmetic industries. The article concludes that experience and ‘best practice’ in benefit-sharing have progressed quite significantly on a number of fronts in the past decade, including the development of corporate policies in response to the CBD. The most effective form of benefit-sharing, and realization of the ‘ grand bargain’ envisaged by the CBD, is found through partnerships between private-sector and source-country institutions that link commercial use with sustainable development and biodiversity conservation

Biodiversity · Biology · Business · Convention · Convention on Biological Diversity · Cost sharing · Diversity (politics) · Economic growth · Economics · Genetic resources · Natural resource economics · Political science · Private sector · Sustainable development · Biotechnology · Ecology · Genetically Modified Organisms Research · Intellectual Property and Patents · International Maritime Law Issues · Marketing

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Unique citing works14
Citations per year0,54
Citation span2000 - 2024 (25)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 13

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