Biotech Economy
Welcome to the new Biotech Economy. Biotechnology is technology based on biology, agriculture, food science, and medicine. Modern use of the term usually refers to genetic engineering as well as cell- and tissue culture technologies. However, the concept encompasses a wider range and history of procedures for modifying living organisms according to human purposes, going back to domestication of animals and the cultivation of plants. Studying the history of biotechnology is an interesting and fruitful endeavor in understanding the basics of life on earth.
Biotechnology draws on the pure biological sciences (genetics, microbiology, animal cell culture, molecular biology, biochemistry, embryology, cell biology) and in many instances is also dependent on knowledge and methods from outside the sphere of biology (chemical engineering, bioprocess engineering, information technology, biorobotics).
Biotechnology is the BIG SCIENCE of the day, which will only later in this century give off to the tech heir – Nanotechnology. For today’s biotech, however, think food, think health, think of the economics surrounding food and health – it all touches the biotech economy. Welcome!

