Affiliation:
1. Banasthali University, India
2. Bhagat Phool Singh Government Medical College, India
Abstract
Bioentrepreneurship is the combination of different activities carried out by groups of people to form an enterprise that designs and commercializes great products by merging various scientific and business disciplines. In this chapter, the authors review the impact of bioentrepreneurship in the field of environmental technology. This approaches as an alternative to protect and sustain nature focusing on different aspects like nanotechnology-assisted water purification, phytoremediation of polluted environment, microbial and vermi remediation, etc. Another aspect approached is the finding and development of new plants as a biomass source for energy production, which are objectives for start-ups and have great business potential. Finally, the chapter examines the ability of the proposed theoretical framework to transcend its environmental context and provide insight into expanding the domain of the study of entrepreneurship. Simply put, economic logics embody principles of economic coordination or conventions that guide interpretation of the technology and its value.