Bioentrepreneurship in Environmental Biotechnology

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Author(s): Shalini Verma (Banasthali University, India)and Mohd. Bilal Khan (Bhagat Phool Singh Government Medical College, India)
Copyright: 2021
Pages: 18
Source title: Bioentrepreneurship and Transferring Technology Into Product Development
Source Author(s)/Editor(s): Swati Agarwal (Banasthali University, India), Sonu Kumari (Banasthali University, India)and Suphiya Khan (Banasthali University, India)
DOI: 10.4018/978-1-7998-7411-9.ch014

Keywords: Business & Management / Business Science Reference / Entrepreneurship / Entrepreneurship & Innovation

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Abstract

Bioentrepreneurship is the combination of different activities carried out by groups of people to form an enterprise that designs and commercializes great products by merging various scientific and business disciplines. In this chapter, the authors review the impact of bioentrepreneurship in the field of environmental technology. This approaches as an alternative to protect and sustain nature focusing on different aspects like nanotechnology-assisted water purification, phytoremediation of polluted environment, microbial and vermi remediation, etc. Another aspect approached is the finding and development of new plants as a biomass source for energy production, which are objectives for start-ups and have great business potential. Finally, the chapter examines the ability of the proposed theoretical framework to transcend its environmental context and provide insight into expanding the domain of the study of entrepreneurship. Simply put, economic logics embody principles of economic coordination or conventions that guide interpretation of the technology and its value.

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