Coming Bio-tech Era: National Reveal New Economic Rules of Bio-material Era

Author: Richard W. Oliver
Publisher:
Publish Date: 2003-05-01
Features: This book presents timely perspectives on industries that will become the most important driving forces of the 21st century. A knowledge-based economy combined with breakthrough inventions will bring unprecedented progress in our fight against diseases and benefit humanity. Biotechnology and its socio-economic impacts are hot topics in the media, from The Wall Street Journal to Time Magazine, and even in evening news. Biotechnology and its business—i.e., the bio-based era—will surpass the information age as a new engine for the economy. By the middle of the 21st century, all companies are expected to become bio-based companies, and the bio-based economy will grow faster, be more pervasive, and more powerful than any previous form of economic development. As a fundamental exploration of future business development, The Coming Bio-Based Era describes the biotechnology revolution taking place in pioneering universities, companies, and governments. The book avoids any intimidating academic jargon, providing executives, investors, decision-makers, and those interested in the social derivatives of biotechnology with what they need to know. The Coming Bio-Based Era has a unique focus on the positive impact biotechnology will have on the global economy. Companies like DuPont, Novartis, and Merck, among the world's top chemical enterprises, are transforming into biotechnology firms, joining thousands of biotech companies worldwide to create new jobs and develop new products. Despite the potential dangers of biotechnology, highly advanced biotech has already benefited hundreds of millions of people globally with new biotech products and vaccines. Hundreds of biotech products are currently in clinical trials, while more are in the development phase.