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Introduction To Bioentrepreneurship

Bioentrepreneurship integrates science and entrepreneurship by commercializing innovations from academic research. It involves creating, developing, and marketing biotechnology products to generate profit. The field has significant scope in areas like healthcare, agriculture, and environmental protection. It helps save lives through new medical treatments, feed the world by increasing crop yields, and protect the environment through industrial biotechnology applications. Overall, bioentrepreneurship is driving innovation that addresses major global challenges.

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QuRban Yousafzai
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526 views

Introduction To Bioentrepreneurship

Bioentrepreneurship integrates science and entrepreneurship by commercializing innovations from academic research. It involves creating, developing, and marketing biotechnology products to generate profit. The field has significant scope in areas like healthcare, agriculture, and environmental protection. It helps save lives through new medical treatments, feed the world by increasing crop yields, and protect the environment through industrial biotechnology applications. Overall, bioentrepreneurship is driving innovation that addresses major global challenges.

Uploaded by

QuRban Yousafzai
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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INTRODUCTION TO

BIOENTREPRENEURSHIP
Muhammad Jawad Ullah
Lecturer(Microbiology)
Iqra National University

“I think the biggest innovations of the 21st century will


be at the intersection of biology and technology. A new
era is beginning.” – Steve Jobs.
BIOENTREPRENEURSHIP
 Bioentrepreneurship is the integration of two different disciplines science
(bio) and entrepreneurship.
 Biotech entrepreneurship is entirely academia-powered. It is the flow of
innovation from academia to industry.
 It can also be defined as the use of biological entities or any idea, related to
sciences to acquire profit and establish a business.
 Bioentrepreneurship is the sum of all activities necessary to build an enterprise
that creates, build and commercializes the biotech products.
 It is also known as BioE or science entrepreneurship or bioscience enterprise.
Also, others include; life science entrepreneurship, entrepreneurship in
biotechnology or biotechnology enterprise.
BIOENTREPRENEURSHIP
 Bioentrepreneurship is the integrated  Simply, an entrepreneurial business
activity that creates, develops and based on the Biotechnology is known
commercializes the biotechnology as Bioentrepreneurship.
product.
 Bioentrepreneurship is not shadowed
by the business risks but scientific
risks are haunting him. It is the smoothest sailing
 The aim of Biotechnology-based of innovation from
business is to commercialize the academia to industry.
research and deliver its potential
benefit to the human race.
SCOPE OF BIOENTREPRENEURSHIP
 Biotechnology being the fastest growing and knowledge-based sector in the world has
enormous potential where direct or indirect use of living organisms or parts of organisms in
their natural or modified forms can be utilized in an innovative manner for industrial
production.
 Today, biotech based products, mainly products out of scientific research are part of our
daily life.
 The biotech field leads to real-outcomes that allow the production of advanced
technologies and products.
 Also, help to preserve the environment, encounter diseases, new biomedical devices,
eliminate hungry, bio-fabric and bio fuel production and more.
 Bioentrepreneurship creates an environment and infrastructure for well-trained
professionals to build research-based projects and their commercialization.
Bioentrepreneurship is manifested as the key driver of the new bioeconomy
SIGNIFICANCE OF BIOENTREPRENEURSHIP
 Humans are using Biotechnology-based products since the dawn of civilization. Our today’s
products are not less than miracles for our ancestors. The reality is that these products are based
on their knowledge and our scientific research. Today, biotechnology-based products are the part
of our daily life.
Potential of Heal, Feed, and Fuel

 Biotechnology has enabled the creation of breakthrough products and technologies to combat
disease, protect the environment, feed the hungry, produce fuels, and make other useful products.
Helping Save and Extend Lives
 Biotechnology product developments are transforming the practice of medicine and
providing new and better ways to detect, treat, and prevent disease. These products provide
targeted treatments to minimize health risks and side-effects for individual patients.
Biotechnology tools and techniques open new research avenues for discovering how healthy
bodies work and what goes wrong when problems arise.
HELPING TO FEED THE WORLD
 One of the challenges that biotech scientists and bioentrepreneurs are working to solve is how we
address the needs of a growing world population. Today, there are more than 7 billion people living on
our planet. However, by 2050, the global population is expected to reach 9 billion. That is much more
mouths to feed. In fact, according to the United Nations Food and Agriculture Organization (UN-
FAO), we will have to double world food production to do it. With most of the world’s arable land
already in production, we’ll need to make existing acreage much more productive. Biotechnology is
helping us do so.

 The era of biotechnology-enhanced agriculture began in the 1990s with


government approval for commercial deployment of biotech soybeans,
corn, cotton, canola, and papaya. Because of their tremendous production
advantages, biotech crops have become the most rapidly adopted
technology in the history of agriculture and, in 2013, biotech crops were
used by more than 17.3 million farmers on more than 420 million acres of
farmland in 28 countries.
BETTER WAYS TO PROTECT ENVIRONMENT
 Industrial biotechnology is one of the most promising
new approaches to help meet the global challenges of
preventing pollution, conserving energy and natural
resources, and reducing manufacturing costs.
 The application of biotechnology to industrial processes
is transforming how we produce existing products and
helping to generate new products that were not even
imagined a few years ago.

 Industrial biotechnology uses natural biological


processes, such as fermentation and the harnessing of
enzymes, yeasts, and microbes as microscopic
manufacturing plants, to produce useful products.
 Among the products being made with
industrial biotechnology are
biodegradable plastics, renewable
chemicals, energy-saving low-
temperature detergents, pollution-eating
bacteria, multi vitamins, and biofuels.

 With the growing adoption of industrial


biotech, we are in the early stages of an
emerging biobased economy that meets
some of the most important needs of our
global civilization
GENETICALLY MODIFIED ORGANISMs
(GMOS) IN AGRICULTURE
 An example is the use of biotechnology to solve
world hunger. The World Bank predicts that by 2050
we will need to produce 50% more food, while factors
such as climate change and crop disease reduce
productivity.
 Biotechnology enables the production of genetically
modified organisms (GMOs) in agriculture which has
increased crop yields and reduced the use of chemical
pesticides.

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