Survey of the Use of Biotechnology in US Industry

Survey of the Use of Biotechnology in US Industry

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Additional resources for Survey of the Use of Biotechnology in US Industry

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Results from the Critical Technology Assessment survey reveal clear distinctions based on firm size and provide more detailed information about the distinctive characteristics of smaller biotechnology companies engaged in biotech-related research and development. Such information should be useful in efforts to craft and implement public policies related to firms engaged in biotechnology. S. 30 Respondents were allowed to designate multiple “primary” and “secondary” areas of activity; they also were encouraged to provide written explanations of their work.

Workers (36%), outsourcing production (27%), forming a joint venture (24%), and expanding into foreign markets (22%). Agricultural and Aquaculture/Marine Applications Twelve percent of survey respondents (128) indicated agriculture and aquaculture/marine (AAM) biotechnology as either their primary or secondary focus;42 70 of these indicated that this area was their primary biotech-related business. L. 102564). STTR gives five major federal agencies the responsibility to sponsor cooperative R&D projects involving small companies and researchers in noncommercial organizations.

Responses from AAM firms differed somewhat from those of the survey sample as a whole, particularly with respect to companies’ high level of concern about public acceptance/ethical considerations and unfair foreign laws (see Chapter 7). This perspective reflects questions that have been raised, especially internationally, about genetically modified organisms. S. S. Industry, August 2002. concern about potential effects on the environment and food safety. These concerns, which are largely focused on engineering of input-reducing or production-enhancing traits, have led to increased regulatory requirements and uncertain market demand.

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