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Library Patent portfolio-based indicators to evaluate the commercial benefits of national plant genetic resources

Patent portfolio-based indicators to evaluate the commercial benefits of national plant genetic resources

Patent portfolio-based indicators to evaluate the commercial benefits of national plant genetic resources

Resource information

Date of publication
December 2016
Resource Language
ISBN / Resource ID
AGRIS:US201600191378
Pages
43-52

According to property rights theory, national plant genetic resources (PGRs) are sovereign properties rather than resources belonging to the common heritage of humankind. Consequently, provider states can claim compensation from users of their national PGRs, leading to the need for bilateral or multilateral agreements to share national PGRs' commercial benefits. However, as benefit-sharing agreements are made exante, estimating the potential profit is difficult. Thus, issues around asymmetric information about the commercial value of such resources have emerged. In this paper, we use a patent portfolio as a proxy to estimate the potential commercial benefits of national PGRs and propose new evaluation indicators. We propose a comprehensive evaluation process that covers constructing a patent portfolio for each PGR, establishing indicators in terms of marketability, technology, and exclusiveness, and assigning weights to the indicators using fuzzy analytic hierarchy. In addition, we illustrate this process using a case of Korean national PGRs based on the opinions of stakeholders and experts. This research is expected to help promote national PGR transactions with equitable access and benefit sharing agreements.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Lee, Bo Kyeong
So Young Sohn

Publisher(s)
Data Provider