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Patent and Trade Disparities in Developing Countries$
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Srividhya Ragavan

Print publication date: 2012

Print ISBN-13: 9780199840670

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780199840670.001.0001

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Biodiversity: The Third But Ignored Paradigm of the Trade Regime

Biodiversity: The Third But Ignored Paradigm of the Trade Regime

(p.330) 11 Biodiversity: The Third But Ignored Paradigm of the Trade Regime
Patent and Trade Disparities in Developing Countries

Srividhya Ragavan

Oxford University Press

This chapter studies the Convention on Biological Diversity (CBD), which is responsible for creating an international framework that allows for the beneficial conservation and exploitation of biodiversity. It notes that the term biological diversity covers plants, animals, and microorganisms, as well as their relationship to the overall ecosystems. It identifies the distinguishing feature of the CBD and its ability to allow access to genetic resources. This chapter also introduces the concept of bioprospecting, which is the commercialization of biological diversity to extract materials for different purposes that are mainly research-oriented, and studies several models that can help maximize the value of biodiversity resources. The protection of the application of traditional knowledge is also studied.

Keywords:   Convention on Biological Diversity, conservation, exploitation, biodiversity, biological diversity, genetic resources, bioprospecting, traditional knowledge

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