Industrial property rights

New inventions are the driving force behind progress in different economic sectors. In the agricultural world, the breeding of new plant varieties is one of the factors that has most contributed to increased productivity. In order to achieve suitable dynamics for the breeding of new plant varieties, it is necessary to generate incentives so that the different stakeholders in the breeder sector will invest time and resources in the activity of varietal improvement.

In this regard, the system that has proved to be the most effective and efficient for this purpose is the one based on so-called “industrial property rights”. Through this system, the inventor who creates a new product that generates wealth is granted for a limited period of time the exclusive rights for its use, so that he can recover the investment made and have expectations of obtaining a fair return for his invention.