BIOENTREPRENEURSHIP

Paper Code: 
24GBTE401
Credits: 
04
Contact Hours: 
50
Objective: 

This course will enable the students to relate with general innovation and entrepreneurship skills and propose bio-business, analyze different entrepreneurship development programs, assess various bio markets -business strategy and marketing,     develop new methods of technology management to build up a strong network within the industry.

 

 

12.00
Unit I: 
Innovation and entrepreneurship in bio-business

Introduction and scope in Bio-entrepreneurship, Types of bio-industries and competitive dynamics between the sub-industries of the bio-sector (e.g. pharmaceuticals vs. Industrial biotech). Strategy and operations of bio-sector firms.

 

 

12.00
Unit II: 
Entrepreneurship development programs

Entrepreneurship development programs of public and private agencies (MSME, DBT, BIRAC, Make In India), strategic dimensions of patenting & commercialization strategies.

 

 

12.00
Unit III: 
Bio markets –business strategy and marketing

Strategies and processes of negotiation with financiers, government and regulatory authorities, pricing strategy, Challenges in marketing in bio business. Basic contract principles, different types of agreement and contract terms.

 

12.00
Unit IV: 
Finance and accounting

Business plan preparation including statutory and legal requirements, Business feasibility study, financial management issues of procurement of capital and management of costs

12.00
Unit V: 
Technology management

Technology – assessment, development & upgradation, Managing technology transfer, Quality control & transfer of foreign technologies, Knowledge centers and Technology transfer agencies.

 

 

ESSENTIAL READINGS: 
  • Adams, D. J., & Sparrow, J. C. (2008). Enterprise for Life Scientists: Developing Innovation and Entrepreneurship in the Biosciences. Bloxham: Scion.
  • Shimasaki, C. D. (2014). Biotechnology Entrepreneurship: Starting, Managing, and Leading Biotech Companies. Amsterdam: Elsevier. Academic Press is an imprint of Elsevier.
  • Onetti, A., & Zucchella, A. Business Modeling for Life Science and Biotech Companies: Creating Value and Competitive Advantage with the Milestone Bridge. Routledge.

 

REFERENCES: 
  • E.Moore –Landeekeer: Fundamentals of the fungi, Publisher: Prentice Hall.
  • L. Barsanti, Paolo Gualtieri: Algae: anatomy, biochemistry, and biotechnology
  • Ayhan Demirbas, M. FatihDemirbas: Algae Energy: Algae as a New Source of Biodiesel (2010)

 

 

Academic Year: 
2024-2025
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