BIO ENTERPREUNERSHIP:
Introduction to bio-business, from the Indian context, SWOT analysis of bio-business Concept of Entrepreneurship - Evolution of Entrepreneurship, 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.
BUSINESS 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
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. Biopesticide/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, Start-ups schemes in Indian government, Business incubation support schemes, Successful startups-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:
After studying this course, students will be able to:
• Demonstrate strong basics in entrepreneurship
• Demonstrate the ability to manage industrial projects and develop products
Question paper pattern:
The SEE question paper will be set for 100 marks and the marks scored will be proportionately reduced to 60.
• The question paper will have ten full questions carrying equal marks.
• Each full question is for 20 marks.
• There will be two full questions (with a maximum of four sub questions) from each module.
• Each full question will have sub question covering all the topics under a module.
• The students will have to answer five full questions, selecting one full question from
Textbook/ Textbooks
1 The 10 Commandments for Building a Growth Company Brandt, Steven C Macmillan Business Books 1977
2 Bhide, Amar V The Origin and Evolution of New Business Oxford University Press 2000
Reference Books
1 Patel, V.G The Seven Business Crises and How to Beat Them TMH 1995
2 SIDBI Report on Small Scale Industries Sector [latest edition)
3 Verma, J.C.., and Gurpal Singh Verma, J.C.., and Gurpal Singh Sage 2002