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The Economic Organization of Biomedical Research in US

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dc.contributor.author Polski, Margaret
dc.date.accessioned 2012-07-06T14:22:42Z
dc.date.available 2012-07-06T14:22:42Z
dc.date.issued 2005 en_US
dc.identifier.uri https://hdl.handle.net/10535/8091
dc.description.abstract "This paper analyses the economic organization of biological materials and research in the United States, focusing particularly on human biological materials and biomedical research. The economic nature and the property rights arrangements that govern biological materials and biomedical research are quite complex, which has a important implications for developing comprehensive research collections and exchanges. There is no signal market for exchange nor is there a discernable 'commons': biomedical exchange involves a number of different types of transactions and many centers of decision making. Theories of efficient governance predict that biomedical exchange is best organized using polycentric principles and diverse contracting mechanisms, property rights, and regulatory schemes. Contracting mechanism include market, trilateral, and relational contracting principles. Intellectual property rights arrangements include unrestricted access and use, confidentiality and proprietary information agreements, licenses, and patents. Regulatory solutions include limited regulation, self-regulation, and third party-ordering. The organization of biomedical research in the U.S. provides an excellent opportunity for further research on efficient governance." en_US
dc.language English en_US
dc.subject intellectual property rights en_US
dc.subject common pool resources en_US
dc.subject information commons en_US
dc.subject regulation en_US
dc.subject biology--research en_US
dc.title The Economic Organization of Biomedical Research in US en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Case Study en_US
dc.coverage.region North America en_US
dc.coverage.country United States en_US
dc.subject.sector New Commons en_US
dc.subject.sector Theory en_US
dc.identifier.citationconference Exploring the Microbiological Commons: Contributions of Bioinformatics and Intellectual Property Rights in Sharing Biological Information en_US
dc.identifier.citationconfdates July 7-8 en_US
dc.identifier.citationconfloc Brussels, Belgium en_US


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