IDEAS home Printed from https://ideas.repec.org/p/iim/iimawp/wp01402.html
   My bibliography  Save this paper

Biotechnology: Problems; Concerns and Options

Author

Listed:
  • Asokan S R
  • Chokshi S N

Abstract

Biotechnology is the application of scientific and engineering principles to the processing of materials by biological agents. It is based on enhanced understanding of the genetic structure of organisms at the level of cells and molecules and offers powerful tools to modify them for a specific purpose. The versatility of the technique and its possible profitable use in such diverse fields like agriculture, pharmaceutical, mining, environment, food processing etc. have attracted of investment for research mostly from private sector. Biotechnology promises to revolutionize agriculture both in terms of quantity as well as quality of the crop output. It is possible to produce hardier plants to grow in desert, alkaline and other extreme soil conditions. Growing seasons can be reduced making it possible to have multiple harvests. Strains resistant to pests, diseases, heat, frost, drought and flooding can be developed. It also promises to improve the nutritional value and taste of products. Dependence of chemical fertilizers and pesticides can be reduced or removed. It may be possible not only to eradicate hunger but also malnutrition through the application of biotechnology. However, the risk to the environment due to the engineered organism, neglect of certain crops in research due to the involvement of and influence of private sector, displacement of foreign exchange earning crops from developing countries, socio-economic impact resulting from the adoption of the technology, the dominance of technologically rich but genetically poor industrialised countries over genetically rich technologically poor developing countries through the Intellectual Property Rights mechanism etc are some of the major areas of concern. The right priorities in applying the technology, strengthening the national agricultural research systems, increased south cooperation in sharing genetic material and the resultant product etc may help to overcome some of the concerns.

Suggested Citation

  • Asokan S R & Chokshi S N, 1996. "Biotechnology: Problems; Concerns and Options," IIMA Working Papers WP1996-08-01_01402, Indian Institute of Management Ahmedabad, Research and Publication Department.
  • Handle: RePEc:iim:iimawp:wp01402
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp01402. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/eciimin.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.