This article deals with the business prospects of the biotechnology industry and portrays it as ‘global sunrise’ industry. The biotech industry classification and the recent trends are outlined in the first part. The structure and the pattern of the industry in different countries have also been analysed. The case of bio-agricultural exports and imports in the world is given as a tool for understanding the importance of global business opportunities in the biotech industry.
Get full access to this article
View all access options for this article.
References
1.
Bergerm, Bryan and Paul Chan.2004. Biotech Industry: A Global, Economic and Financing Overview. New York: John Wiley and Sons .
2.
Bio-World. 2004. Bio-Technology Industry Report 2004, www.bioworld.com.
3.
Ernst and Young.2004. Global Biotechnology Reports—Beyond Borders: A Global Perspective. New York: Ernst and Young .
4.
Garsford, James. D. , Jill. E. Hobbs , William. A. Kerr , Nicholas Perdikis and Marni D. Plunkett.2001. The Economics of Biotechnology. Cheltenham, UK: Edward Elgar .
5.
McGravey, Robert.2004. ‘Biotechnology: Next Stage of Revolution’ , Harvard Business Review, 82 (11): 112–16 .
6.
Morrison, Janet.2002. The International Business Environment. Basingstoke, UK: Palgrave Macmillan .
7.
OECD (Organisation for Economic Cooperation and Development). 1999. OECD Report on Biotechnology. Paris: OECD, www.oecd/ehs/biolinks.htm.