Ignoring our traditional knowledge can we prove costly in the area of biological patenting. Justify.

Vedclass pdf generator app on play store
Vedclass iOS app on app store

Ignoring our traditional knowledge can we prove costly in the area of biological patenting. Justify. Most of the industrialised nations are rich financially but poor in biodiversity and traditional knowledge. In contrast the developing and the underdeveloped world is rich in biodiversity and traditional knowledge related to bio-resources. Traditional knowledge related to bio-resources can be exploited to develop modem applications. This can also be used to save time, effort and expenditure during their commercialisation. There has been" growing realisation of the injustice, inadequate compensation and benefit sharing between developed and developing countries. Therefore, some nations are developing laws to prevent such unauthorised exploitation of their bio resources and traditional knowledge.

Similar Questions

Injecting functional adenosine deaminase into a patients (lacking $ADA$ gene) blood cells may be considered as

Which one of the following is a correct statement

  • [AIIMS 2005]

Give scientific reasons : We must protect our traditional knowledge of our country by understanding its importance.

An efficient oil eating 'Super bug' developed through genetic engineering used in cleaning of oil-spill polluted sites is a species of

Sodium chloride is added during preparation of cheese as it