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

Bo Kyeong Lee, So Young Sohn

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)43-52
Number of pages10
JournalEcological Indicators
Volume70
DOIs
Publication statusPublished - 2016 Nov 1

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plant genetic resources
genetic resource
patents
bilateral agreement
asymmetric information
property rights
resource
patent
indicator
plant genetics
Genetic resources
Patent portfolio
stakeholders
profits and margins
stakeholder

All Science Journal Classification (ASJC) codes

  • Decision Sciences(all)
  • Ecology, Evolution, Behavior and Systematics
  • Ecology

Cite this

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Patent portfolio-based indicators to evaluate the commercial benefits of national plant genetic resources. / Lee, Bo Kyeong; Sohn, So Young.

In: Ecological Indicators, Vol. 70, 01.11.2016, p. 43-52.

Research output: Contribution to journalArticle

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