what is Biopiracy.??????
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Hello mate !!
it is the practice of commercially exploiting naturally occurring biochemical or genetical material, especially by obtaining patents that restrict its future use.
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7
In simple terms, biopiracy refers to the process of stealing ideas about bio-resources.
- It basically refers to the use of bio-resources by organisations and multi national companies without proper authorisation from the people or the countries who developed that particular bio-resource, without making any compensatory payments for using their ideas.
- Such practices are carried out by the industrialist nations that are rich in financial terms but poor in knowledge about traditions and biodiversity.
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