Goeschl, Timo; Swanson, Timothy - In: Environmental & Resource Economics 22 (2002) 4, pp. 477-504
The value of genetic resources for use in research and development (R&D)activities has been the subject of a literature modelling the activity as onewhere individual firms engage in optimal search. Here we develop a moregeneralised framework in which genetic resources are used in R&D at thebase...