MULTINATIONAL COMPANIES' POLICIES ON GENETICALLY MODIFIED CROPS

Authors

  • Tatjana Papi?, PhD Министарство економије и регионалног развоја, Београд
  • Koviljko Lovre, PhD Департман за аграрну економију и агробизнис, Економски факултет, Суботица

Keywords:

TRIPs, patents, Monsanto, GM food, total income.

Abstract

The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) obligated all onWorld Trade Organization (WTO) members to protect patents of biotech discoveries (products and processes) and plant varieties and for the first time assumes legal measures in protection of intellectual property giving strong stimulus to private sector investments into the biotechnology. The result: five TNCs are in possession of 71% agricultural biotechnological patents worldwide and determinates direction of biotechnology research. Monsanto, the most important agro-biotech company, gained in the ten years period 48.7 bilions $. It is decided that economic motives and intention for monopoly position present basic difussion generators of genetically modified (GM) food.

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References

1. ETC (2001): Globalization Inc., Communique No 71, July/August 2001: John Mandeley. Crops and Robbers. ActionAid. www.etcgroup.org.
2. James, C. (2007): Global Status of Commercialized Biotech/GM Crops, Ithaca, New York.
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4. Papić, T (2008): Ekonomske i etičke implikacije difuzije genetski modifikovane hrane. Doktorska disertacija, Univerzitet u Novom Sadu, Novi Sad.
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7. USDA (2004): ERS/USDA Data: Agricultural Biotechnollogy Intelectual Property. http://www.ers.usda.gov/data/AgBiotechIP/.
8. FAO (2004): The State of Food and Agriculture 2003-2004, Rome

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Published

2008-12-31

How to Cite

Papić, T., & Lovre, K. (2008). MULTINATIONAL COMPANIES’ POLICIES ON GENETICALLY MODIFIED CROPS. Economics of Agriculture, 55(4), 389–396. Retrieved from https://ea.bg.ac.rs/index.php/EA/article/view/1225