Experiences in Industrialised and Developing Countries
Chapter 5: The Impact of Biotechnology on International Trade
Page 77 5— The Impact of Biotechnology on International Trade 5.1— Introduction As the two previous chapters have shown, biotechnologies, especially modern techniques, have been widely adopted by both industrialised and developing countries. For industrialised countries biotechnology applications are strongest in the pharmaceutical and food processing sectors. For developing countries biotechnology has addressed critical issues relating to food security and has increased value added for a number of traditional export products. Its knowledgeintensive nature has also enabled developing countries to diversify production and has therefore enormous potential to increase both the quality and variety of products available to consumers. Much of this has been achieved by building upon previously developed technological capabilities, such as during the green revolution when research and institutional networks were set up in developing countries in order to increase collaboration and knowledge exchange between researchers. The institutional framework set up and strengthened at that time has been invaluable for many developing countries in ushering in the new biotechnology revolution. However, as with any new technology, this one too has brought about several potentially radical changes in methods of production and of patterns of trade between countries. While the first four chapters discussed the impact of biotechnology on methods of production and on rates of innovation, this chapter examines how countries are using the new technologies to increase productivity and what the ultimate impact is on methods of production and traditional patterns of trade. Page 78 5.2— New Qualities for Old One of the primary aims...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.