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Intellectual Property Rights

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Regarding regulatory concerns for instance, the fundamental self-reproducing nature of transgenic substances, particularly seeds, makes it rather difficult for traditional intellectual property rights to efficiently protect the proprietary interests of inventors and investors within the agricultural biotechnology space. Thus, the need for suitable protection and appropriation systems for new technologies, remains a principal challenge to sustaining rapid advances in biotechnology (Oguamanam, 2005). As a result of the decision by most countries to privatize their seed industry, including plant breeding activities, there is the need for incentives to research through the protection of Intellectual Property Rights. Strong Intellectual …show more content…

Critics claim that patenting a technology such as the Terminator is an indictment of the patent system and assert that protecting seeds through both parents and GURTs is overprotective. However, proponents see GURTs as a rational solution to the failure of Intellectual Property Rights and other restrictive technologies such as hybrids, to ensure that breeders realize profitable investments return in more crop species (Mahop, 2008) The GURTs case study does not only highlight the vast array of problems in the agricultural biotechnology and innovation space, but also demonstrates the challenge of translating research discoveries through commercial adoption and decision making, to bring the rewards and benefits of science to society and foster economic development. The high-profile nature of the case attracted the attention, interests, and risk perceptions of international bodies like the Food and Agricultural Organization (FAO), social movements, citizens, farmers, churches, politicians, scientists, journalists, and regulators. To better understand and evaluate science dialogue in the biosciences space, this research utilizes Ostrom’s Institutional Analysis and Development (IAD) framework, to evaluate and analyze interacting institutions that shaped the decisions and outcomes in the GURTs debate. The IAD framework is a model and diagnostic tool that enables one to study,

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