During 1980-2002, biotechnology has also been used for commercial gains.
Consequently, as many as more than 300 biotechnology companies exist in USA alone.
Biotechnology industry also attracted investments in the stock market, which resulted in closure, merger and acquisitions of existing biotechnology companies.
This was because scientists who started biotechnology companies lacked experience in business, and the businessmen who tried to use biotechnology to make money did not have knowledge of biotechnology.
Therefore, biotechnology entrepreneurship has become a specialized subject,
which needs attention of those aspiring to enter biotechnology industry for commercial gains.
There are several aspects, which need to be kept in mind, while starting a new biotechnology company and for sustaining it for commercial gains.
