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Please use this identifier to cite or link to this item: http://purl.umn.edu/47813

Title: Asian Pacific Marine Minerals and Industry Structure
Authors: Broadus, J. M.
Issue Date: 1986
Series/Report no.: Marine Resource Economics
Vol. 3 No. 1
Abstract: Eventual development of marine minerals potential in the Asian Pacific would likely draw on the technology, skills, and experience of the emerging international seabed mining industry. As a result of strategic behavior by its firms, this small-numbers industrial "strategic group" has created a level of capacity for seabed mining exploration and research and development (R&D) that far exceeds the near-term level of activity expected in seabed mining. The paper reports on the nature of preproduction industrial structure (or "protostructure") in seabed mining and draws implications for efforts to develop the resource potential of Asian Pacific marine minerals. Seabed minerals exploration and R&D services might be offered to Asian Pacific nations at bargain prices (below unit cost) by firms with first-starter advantages in the emerging industry. However, cautionary notes are included about constraints on the economic potential of the region's deep-sea minerals such as manganese nodules, polymetallie sulfides, and cobalt crusts.
URI: http://purl.umn.edu/47813
Identifiers: 0738-1360
Institution/Association: Marine Resource Economics>Volume 03, Number 1, 1986
Total Pages: 26
From Page: 63
To Page: 88
Collections:Volume 03, Number 1, 1986

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