Community-based enterprises are the result of a process in which the community acts entrepreneurially to create and operate a new enterprise embedded in its existing social structure and network. This book argues that community-based enterprise could represent a strategy for fostering sustainable local development while at the same time maintaining traditional knowledge in ethnomedicine and conserving the local ecosystems.

Provides insights into innovative indigenous enterprises active in bioprospecting scenarios Offers theoretical and empirical analysis of entrepreneurships of indigenous populations Develops public awareness of more equitable and participative approaches to communities' use of traditional knowledge and new forms of partnerships between the different stakeholders

Inhalt
Introduction.- 1. The Entrepreneurship and the Role of Local Communities.- 2. Traditional Ethnobiological Knowledge and Bioprospecting.- 3. The Gram Mooligai Limited Company (GMCL) An Alternative Bioprospecting and Development Model: Constitution, Structure and Its Functioning.- 4. Ethnomedicine, Capacity Development and Innovation System Through GMCL.- 5. GMCL, The Supply Chain and The Final Market.- The Impact of GMCL On Indigenous Communities.- The Impact of GMCL On Indigenous Communities.- Conclusion.- Index.