Biological Resource Centers: An Economic Perspective

This essay assesses the economic impact of biological resource centers (BRCs), focusing on the ability of BRCs to impact the efficiency and cumulativeness of the production of scientific and technological knowledge. As an economic institution, BRCs play a critical and positive role in the process of cumulative knowledge production. BRCs serve as a key ingredient in the growth of scientific and technological knowledge, which is in turn at the heart of long-term economic growth and economywide prosperity.