The knowledge of indigenous people with regards to their natural surroundings and resources, thus, forms a part of their intellectual property. Opponents of biopiracy claim that global corporations extract genetic material, and patent them in their own names, claiming that these are, in fact, their own discoveries. Some have also opined that the Third World countries are more vulnerable targets of biopiracy, as it is easier to access their rich genetic diversity, owing to their often ignorant attitude.
For many years, there has been a big hue and cry regarding this issue, with important international organizations, such as the United Nations, alongside some other government and non-government organizations, taking an active part in trying to resolve it. The United Nations Convention on Biological Diversity gives more rights to access genetic resources to those countries, in which the resources lay. The purpose of the convention is to restrict the developed countries from exploiting the genetic resources of the developing countries so that the resources and knowledge about them can remain with indigenous people. Moreover, those who want to be benefited by such knowledge, cannot do so without appropriate permission of those who own it.