Industrial Biotechnology - Scope and Risks in Establishing an Enterprise
- Authors: Antony V. Samrot1, M. Sathiyasree2, P. Prakash3
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View Affiliations Hide AffiliationsAffiliations: 1 School of Bioscience, Faculty of Medicine, Bioscience and Nursing, MAHSA University 42610, Jenjarom Selangor, Malaysia 2 Department of Biotechnology, School of Bio and Chemical Engineering, Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, 600119, India 3 Department of Biotechnology, School of Bio and Chemical Engineering, Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, 600119, India
- Source: Opportunities for Biotechnology Research and Entrepreneurship , pp 207-223
- Publication Date: May 2024
- Language: English
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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.<br>
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