Opportunities for Biotechnology Research and Entrepreneurship

Industrial Biotechnology - Scope and Risks in Establishing an Enterprise

Author(s): Antony V. Samrot*, M. Sathiyasree and P. Prakash

Pp: 207-223 (17)

DOI: 10.2174/9789815196115124010012

* (Excluding Mailing and Handling)


The use of enzymes, microorganisms, and plants to create energy, and industrial chemicals for consumers is industrial biotechnology. This sector utilizes natural processes to maximise and improve biochemical pathways that can be used in the manufacturing process. The integration of biotechnology into industrial processes is changing not only how we produce goods but also bringing us new goods that were unthinkable just a few years ago and has created a lot of room for innovation and entrepreneurship. The commercial aspects of industrial biotechnology as well as the possible fundamental strategies associated with working biotech entrepreneurs and professionals in addition to its scope and risk involved in it are discussed here.

Keywords: Entrepreneurship, Industrial biotechnology, Risks.

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