case, there is ever growing backing for GM foods among individuals who trust that it might have both ecological and medical advantages, and additionally aid to reduce world hunger, as according to a study by Professor C. S. Prakash, ‘Benefits of Biotechnology for Developing Countries’, the number of malnourished people worldwide could go beyond one billion by 2020.
INTRODUCTION Intellectual Property plays an important role in facilitating process of taking innovative technology to the market place. Peter F. Drucker, the management consultant and author of “Innovation and Entrepreneurship stated that “…Because its purpose is to create a customer, business has two—and only two functions: Marketing and innovation. Marketing and innovation produce results, all the rest are costs." So the question now is what is innovation? Generally put, an ‘innovation’ is developing