Bioprospecting as a possible development mechanism for colombia

Bioprospecting has been on the agenda for discussion by the government, the academic community, businesses and other pertinent actors for many years now; it is an integral topic representing a potential approach to exploit biodiversity to the fullest. This document presents some definitions of what bioprospecting is (some restrictive, others with a broader perspective, depending on different approaches, actors, target markets and countries) in the context of a mechanism for development and cooperation concerning the construction of capacities, advantages and disadvantages. It was found that bioprospecting in Colombia has been developing from a broad perspective (systematic study of biological-genetic resources, transformation into a product which has led to strengthening some value chains, small- and/or large-scale marketing and some advances in intellectual property rights and the distribution of benefits) in order to provide greater benefits for the nation