Agribusiness and Intellectual Property Rights

Agribusiness and Intellectual Property Rights Agribusiness and Intellectual Property Rights Sample PDF Download
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Publisher: Agrobios Publications
ISBN: 9788177545357
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A business that earns most or all of its revenues from agriculture. An agribusiness tends to be a large-scale business operation and may dabble in farming, processing and manufacturing and or the packaging and distribution of products. Within the agriculture industry, agribusiness is used simply as a portmanteau of agriculture and business, referring to the range of activities and disciplines encompassed by modern food production. There are academic degrees in and departments of agribusiness, agribusiness trade associations, agribusiness publications, and so forth, worldwide. In this context the term is only descriptive, and is synonymous in the broadest sense with food industry. The UN's Food and Agriculture Organization FAO , for example, operates a section devoted to Agribusiness Development which seeks to promote food industry growth in developing nations. Intellectual property rights IPRs can be broadly defined as legal rights established over creative or inventive ideas. Such legal rights generally allow right holders to exclude the unauthorized commercial use of their creations inventions by third persons. The rationale for the establishment of a legal framework on IPRs is that it is a signal to society that creative and inventive ideas will be rewarded. This does not mean that there is no other way of rewarding such ideas or that this system is absolutely necessary, even less sufficient, to reward inventiveness or creativity. Nevertheless, it would be difficult to deny that IPRs do have a role to play in setting up of any such reward system. There are two broad categories of IPRs one, industrial property covering
IPRs such as patents, trademarks, geographical indications and industrial designs two, copyright and related rights covering artistic and literary works, performances, broadcasts and the like. IPRs that do not fit into this classical division are termed sui generis, meaning one-of-its-kind. Such sui generis rights include those covering lay-out designs of semi conductor chips and plant breeders' rights. Therefore the knowledge of IPR helps you in the following areas 1 Trade Mark related matters, 2 Industrial Designs, 3 Patents and 4 Copyright of the agricultural products. The role of intellectual property rights has become a key issue in agricultural and resource economics over the past two decades. The changes in biotechnology and intellectual property protection that have occurred since 1980 make private enterprise possible for the first time in many broad research areas in agriculture and the health sciences. Furthermore, universities, cooperatives and other public and non-profit institutions now have the option of licensing or selling research outputs in this area, rather than giving their results away for free. As the scope and power of IPRs in biotechnology has grown, their international reach has expanded. These developments raise many fascinating and important issues optimal patent design and licensing the