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Pacific Studies Journal

Abstract

With dwindling natural resource receipts for pacific government coffers, developing alternative revenue sources and economic activities is paramount. One sector that may provide sustainable revenue flows, a high participation rate of Pacific Islanders, and stable market demand is the utilization of the traditional knowledge (TK) sector. Significant challenges remain in establishing a stable and predictable policy and legal framework in which operators can confidently commercialize TK products. However, as will be seen in this paper, governments in the Pacific have taken the bold step to do this, which proves that there are opportunities beyond fish, rocks, and timber in Oceana.

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