Foreign Investors in Bioentrepreneurship in India

Abstract

Bioentrepreneurship attracts entrepreneurs who can contribute by making scientific methods and products available to the society. Funding, infrastructure, skills, and commercialization capabilities influence the process of bioentrepreneurship. India with its large and highly efficient pool of the scientific community has lot to offer to the global market. Indian research is confined to theoretical research due to a missing link that unites research and commercialization and strict intellectual property regime. To overcome such challenges, the Indian government has taken initiatives to make the working environment friendly, innovative, efficient, and easy for foreign companies and investors by amending existing policies and facilities India's biotechnology industry. Foreign investment in India's biotechnology industry has led to an exponential increase from US$530 million in 2003 to US$4.3 billion in 2013. Foreign investment has played a big role in helping India's flourishing biotechnology industry.