Georgii Dubovyi: Innovations in Biotechnology and their Impact on Business

This article examines innovations in biotechnology and their impact on business, covering key areas such as medicine, agriculture, ecology and industry. The purpose of the study is to analyze the importance of biotechnology for creating new products and services, increasing the efficiency of production processes and improving the quality of life. The main objectives include studying the role of biopharmaceuticals, genetically modified organisms, bioplastics and biocatalysts in various sectors of the economy. The results show that innovations in biotechnology not only contribute to economic growth, but also help companies adapt to the requirements of sustainable development and environmental responsibility. The practical application of the data obtained can be used to develop strategies for the implementation of biotechnology in business processes, as well as to shape public opinion on the safety and ethics of new technologies.

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Publication Details

Journal
Universal Library of business and economics.
Published
2025-06-20
DOI
https://doi.org/10.70315/uloap.ulbec.2025.0202006
Primary Topic
Bioeconomy and Sustainability Development
Type
article
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article

Georgii Dubovyi: Innovations in Biotechnology and their Impact on Business

Georgii Dubovyi
Universal Library of business and economics.
Bioeconomy and Sustainability Development
article

Georgii Dubovyi: Innovations in Biotechnology and their Impact on Business

Georgii Dubovyi
article en

Abstract

This article examines innovations in biotechnology and their impact on business, covering key areas such as medicine, agriculture, ecology and industry. The purpose of the study is to analyze the importance of biotechnology for creating new products and services, increasing the efficiency of production processes and improving the quality of life. The main objectives include studying the role of biopharmaceuticals, genetically modified organisms, bioplastics and biocatalysts in various sectors of the economy. The results show that innovations in biotechnology not only contribute to economic growth, but also help companies adapt to the requirements of sustainable development and environmental responsibility. The practical application of the data obtained can be used to develop strategies for the implementation of biotechnology in business processes, as well as to shape public opinion on the safety and ethics of new technologies.

Universal Library of business and economics.Vol. 02(02)
Startup Foundation (NL)
Responsible consumption and production
Openalex Percentile: Top 79%
Bioeconomy and Sustainability Development
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