“…The issue is thus not clear yet, however, a decision should be taken soon for the benefit of both the producers and the consumers (Curtin et al, 2012;Belhaj et al, 2013;Ribarits et al, 2014;Araki and Ishii, 2015;Rinaldo and Ayliffe, 2015). The regulatory systems not only ensure the safety and efficacy of the products introduced to the market but have also economic ramifications and influence the technological innovation process especially in the case of biotechnologies (Bruce et al, 2013;Smyth et al, 2014).…”