Indigenous Knowledge & The Environment (12b) Flashcards
Use of IK by businesses?
• Achieve competitive advantage.
• Monetary benefits.
• Commercial benefits
IPR stands for?
= Intellectual Property Rights.
IPR
= involves the protection of knowledge and acknowledgement of the rights of people.
IK is what kind of capital?
Intellectual capital.
Intellectual capital?
=
Commercialization of IK
Seen as disemboding the resource from the context, which therefore disregards the cultural beliefs of the people & communities in the area.
Bio-piracy?
= the use of traditional knowledge associated with local communities without any acknowledgement of the community from which the knowledge originates or the compensation to that community for this knowledge resource.
Implications of not acknowledging IK?
• Conflicts.
• Misappropriation.
• Biopiracy.
South African Biodiversity Act No. 10?
=