BIO ENTERPREUNERSHIP: Introduction to bio-business, from the Indian context, SWOT analysis of bio-business. Ownership, Development of Entrepreneurship; Stages in entrepreneurial process; Role of entrepreneurs in Economic Development; Entrepreneurship in India; Entrepreneurship - its barriers. Small scale industries: Definition; Characteristics; Need and rationale; Objectives; Scope; Market Feasibility Study; Technical Feasibility Study; Financial Feasibility Study & Social Feasibility Study. Global bio business and industry future trends.
ENTREPRENEURSHIP OPPORTUNITY IN AGRI BIOTECHNOLOGY: Business opportunity, Essential requirement, marketing, strategies, schemes, challenges and scope-with case study on Plant cell and tissue culture technique, polyhouse culture. Herbal bulk drug production, Nutraceuticals, value added herbal products. Bioethanol production using Agri waste, Algal source. Integration of system biology for agricultural applications. Biosensor development in Agri management
ENTREPRENEURSHIP OPPORTUNITY IN INDUSTRIAL BIOTECHNOLOGY: Business opportunity, Essential requirement, marketing strategies, schemes, challenges and scope-with case study- Pollution monitoring and Bioremediation for Industrial pollutants, Pesticides, Herbicides etc. Integrated compost production- microbe enriched compost. Bio pesticide/insecticide production. Fermented products-probiotic and prebiotics. Stem cell production, stem cell bank, contract research. Production of monoclonal/polyclonal antibodies, Single cell protein and secondary metabolite production. Contact research in microbial genomics.
PROJECT MANAGEMENT, INTELLECTUAL PROPERTY, TECHNOLOGY MANAGEMENT AND STARTUP SCHEMES: Building Biotech business challenges in Indian context-biotech partners (BICEPS, BIRAC, DBT, Incubation centers. Etc.,), operational biotech parks in India. Indian Company act for Bio business-schemes and subsidies. Meaning of Project; Project Identification; Project Selection; Project Report; Need and Significance of Report; Contents; Formulation; Guidelines by Planning Commission for Project report; Network Analysis; Errors of Project Report; Project Appraisal. Identification of business opportunities: Market Feasibility Study; Technical Feasibility Study; Financial Feasibility Study & Social Feasibility Study. Patent expiry and Entrepreneurship opportunity, Principles of Technology leasing, licensing and transfer, Startup schemes in Indian government, Business incubation support schemes, Successful start-ups-case study.
REGULATORY AFFAIRS, BIOETHICS & BIO-SAFETY: Regulatory affairs in Bio business-regulatory bodies and their regulations (ex.FDA, EU, DSIR, AYUSH, FSSAI etc.,) Public education of the process of biotechnology involved in generating new forms of life for informed decision-making. Ethical concerns of biotechnology research and innovation-Interference with nature fear of unknown, unequal distribution of risks. Rational vs. subjective perceptions of risks and benefits, relationship between risk, hazard, exposure and safeguards. Biosafety concerns at the level of individuals, institutions, society, region, country and the world. The Cartagena protocol on biosafety. Biosafety management.
Course outcomes:
At the end of the course the student will be able to:
Question paper pattern:
Textbooks
1 Principles of Management P. C.Tripathi, P.N. Reddy Tata McGraw Hill Fifth Edition, 2012
2 Entrepreneurship Development S.S.Khanka S.Chand & Co 2006
3 Practical Approach to IPR Rachana Singh Puri IK Intl. Ltd 2009
4 Bioethics & Biosafety R Rallapalli & Geetha Bali APH Publication 2007
Reference Books
1 Bioethics & Biosaftey Sateesh M K IK Publishers 2008
2 Management Fundamentals - Concepts, Application, Skill Development Robers Lusier Cengage Learning 1996
3 Intellectual Property Rights in the WTO and developing contry Watal Jayashree Oxford University Press 2001