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Biotechnology and Poverty Reduction in Developing Countries

  • Gregory Graff

    ()

  • David Roland Holst

    ()

  • David Zilberman

    ()

Throughout human history, technology has proven its ability to contribute to higher material living standards, yet the work of poverty alleviation is far from complete. We believe that in the modern age, biotechnology holds remarkable potential for reducing poverty and its attendant adversities. However, the extent to which this promise is fulfilled will depend as much on institutions as it does on innovation. In these early stages of development, biotechnology is concentrated in the most developed, Tier I countries. In this paper, we envision future biotechnology diffusion around the world, with large emergent Tier II economies playing a catalytic role in propagating affordable and appropriate innovation products. Through the mechanism of a globally R&D supply chain, such products can ultimately reach the world’s poorest and improve their dietary, health, and income status. For this to happen, three general conditions must be satisfied.[Research Paper No. 2005/27]

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Date of creation: Jun 2010
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Handle: RePEc:ess:wpaper:id:2579
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