BIO-ENTREPRENEURIAL PARTNERSHIP – A TOOL FOR BIOTECHNOLOGY TRANSFER A Systems of Innovation Approach By

The current picture of biotechnology as a science suggests its potential for sustainable development, if to consider its environmental compatibility, economic viability and social responsibility. The geographical patterning of biotechnology capacity and utilization reveals the technology gap, ‘genetic divide’, between developed and developing countries. Due to institutional insufficiency, developing countries have lagged behind in the new bioeconomy. This thesis work attempts to find out and model the factors around this dilemma, and propose a solution to bridge this gap. The approach is made using the Systems of Innovation theoretical framework, to propose Bioentrepreneurial Partnership. Based primarily on 1. Public-Private sectors dialogue, 2. Reinforcement of R&D networks, and 3. Biotech start-ups and availability of funding i.e. VC, the solution is deemed to stimulate the necessary institutional change and, thus, the evolution of biotechnology in the countries, which have sought solace in development.