When a company searches for new sources of chemical compounds,genes,enzymes,proteins,and/or microorganisms in order to exploit their economic potential,that company is engaging in

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Bioprospecting refers to the process of searching for new sources of biological compounds, genes, enzymes, proteins, and microorganisms for economic gain. It can involve exploration of traditional knowledge systems and does not necessarily involve unfair exploitation or theft. Biopiracy and biocolonialism are negative terms used to describe exploitation and theft of biological resources without fair compensation or recognition of the contribution of local communities or countries. Deep ecology is a philosophy that emphasizes the intrinsic value of all living beings and ecosystems, and may not be directly related to bioprospecting.

When a Company Searches for New Sources of Chemical Compounds,genes,enzymes,proteins,and/or