Stealing from the past: Globalisation, strategic formation and the use of indigenous intellectual property in the biotechnology industry

Biotechnology has proven itself to be one of the most promising and volatile sectors in the world economy. From genetic engineering to the mapping of human cell lines, biotechnology is now a multibillion dollar venture. As a result the trade in biological specimens has increased, with researchers continually seeking new sources for specimens. The goal of our research is to explore two fundamental questions related to the biotechnology industry: (1) what has been the driving force behind the relatively recent explosive growth in the biotechnology industry; (2) what has been the impact on the developing world - which houses the natural resources that are the bases for many of these new biotechnology discoveries? We argue that globalisation has pushed governments, biotechnology firms and universities into strategic alliances that have unfairly included another partner in the creation of these new products: the developing world.