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Biotechnology—The New Age ‘Global’ Industry

Author

Listed:
  • Justin Paul

    (Justin Paul is Area Chair and Assistant Professor at the Indian Institute of Management, Indore, Madhya Pradesh. E-mail: justiim@yahoo.com)

  • Festi Lova

    (Festi Lova is a medical practitioner.)

Abstract

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.

Suggested Citation

  • Justin Paul & Festi Lova, 2005. "Biotechnology—The New Age ‘Global’ Industry," Global Business Review, International Management Institute, vol. 6(2), pages 315-321, August.
    • Handle: RePEc:sae:globus:v:6:y:2005:i:2:p:315-321
    DOI: 10.1177/097215090500600210
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    References listed on IDEAS

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    1. James D. Gaisford & Jill E. Hobbs & William A. Kerr & Nicholas Perdikis, 2001. "The Economics of Biotechnology," Books, Edward Elgar Publishing, number 2305.
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