Economic Modeling and Valorization of Biobanks

The economic valorization of biobanks is mainly a question of valorizing research. Successful research is dependent on access to high-quality samples, provided by biobanks, and on the degree of involvement of the actors in the sample production chain. However, the provision of samples can be impacted by information asymmetries in the biobank-research team relationship. The economics literature contains numerous studies analyzing the effect of information asymmetries on the economic valorization of inputs in the innovation process. A key issue in this respect is ensuring contracts provide the parties with adequate remuneration for the effort they provide, while maintaining incentives for innovation.