The transaction costs in biotechnology

This paper aims to relate the principles of Ronald Coase Theorem with negative impacts of biotechnology, taking cases of specific research groups and medium-sized companies in biotechnology. We consider an application of economic theory on transaction costs (TTC) provides a good foundation for understanding the underlying problems of this sector, even more, when analyzing the political economy of biotechnology since the transaction costs can best viewed their limitations and the limited scope of government policy. In biotechnology it is possible to get a policy that combines both equity and efficiency, that is, a wider range of policy applications to improve the living standards of people in Colombia

Learning from the rubble: the case of Christchurch, New Zealand, after the 2010 and 2011 earthquakes

Learning after a disaster is crucial in creating more resilient places. However, many societies are repeatedly overwhelmed by disasters. This can be because of missed opportunities to learn in post-disaster settings or because of actions implemented that seem to be highly relevant to recovery in the short term, but potentially constrain aspirations in the longer term. This paper assesses learning processes among state and non-state actors and the ways in which these are bridged and scaled up to wider improvements in governance. Aiming to enrich understanding of post-disaster learning, it explores different actors' response actions after the earthquakes in Christchurch, New Zealand, in 2010 and 2011. On the one hand, 'learning by doing' is occurring, yet, on the other hand, systemic learning is hindered by mismatches between top-down steering and bottom-up initiatives. The study concludes that better linking and synergising of learning processes among different levels is vital for enhancing resilience in post-disaster societies.status: publishe