Entrepreneurship in Biotechnology

Large-scale production

Investing in the production of biotech products

Scientific breakthrough translated into a commercial product or service idea

<p>An economic agent who unites all means of production to produce a product</p> Signup and view all the answers

<p>Laboratory, researchers, and analysis tools</p> Signup and view all the answers

<p>Motivation, leadership skills, marketing skills, good communication skills, risk tolerance, clear objectives, vision, mental ability, and creativity</p> Signup and view all the answers

<p>Innovation, risk measurement and risk taking, analyzing opportunities and threats, preparing a business plan, organization of the venture, supervision and control</p> Signup and view all the answers

<p>Scientific uncertainty, long product-development timeframe, extraordinary financial risks, regulatory risks, new market risks</p> Signup and view all the answers

<p>Passion and vision, assessment of strengths and weaknesses, quick learner, good business sense, understanding of business issues, multi-disciplined translator, awareness of unknown unknowns, persistence, deep sense of responsibility</p> Signup and view all the answers

<p>Willingly leaves comfortable secured positions, not only sees the problem but also finds solutions, eternal optimistic</p> Signup and view all the answers