What is meant by enefit-sharing?
Benefits arising out of the utilisation of genetic resources can be direct, such as knowledge produced by research on genetic resources, or indirect, such as the incentive for conservation provided by profits arising from commercialisation of genetic resources. They can be either monetary benefits, such as collection fees, royalties and research grants, or non-monetary benefits of an environmental, social or economic nature. Non-monetary benefits might include research on host-country diseases; conservation projects; technology transfer of hardware, software and know-how; training in various disciplines of science, in information management, or in legal, administrative and management matters; joint research through participation in product development and joint ventures; institutional capacity building through developing partnerships to support groups such as communities, universities, botanic gardens, and small businesses; and the creation of employment opportunities. Sharing the bene