Question

How does traditional knowledge help multinational companies (MNCs)?

Options

• It creates emergency provisions under patent terms

• It forces them to cancel patents through re-examination

• It helps them develop modern, commercial applications while saving time, effort, and immense expenditure

• It makes developed nations poor in biodiversity

Answer 1

Traditional knowledge enables MNCs to develop modern, commercial applications. It saves them time, effort, and immense expenditure that would otherwise be needed for research.