Issue |
BIO Web Conf.
Volume 76, 2023
I International Conference “Biotechnologies in the Context of Human Development” (BCHD - 2023)
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Article Number | 10004 | |
Number of page(s) | 5 | |
Section | The Role of Biotechnologies in Shaping the Biosocial Economy | |
DOI | https://doi.org/10.1051/bioconf/20237610004 | |
Published online | 20 November 2023 |
The Role of Biotechnology and Biotechnology Clusters in Global and Regional Economy Development
1 Kadyrov Chechen State University, Grozny, Russia
2 Kazan National Research Technological University, Kazan, Russia
3 Kaliningrad State Technical University, Kaliningrad, Russia
* Corresponding author: gazievalaila@outlook.com
Biotechnology represents a widely acknowledged interdisciplinary field that harnesses biological systems and processes to drive advancements in technology and economics. Given its rapid proliferation, it has emerged as a pivotal factor in global economic development. The primary objective of this review article is to underscore the significant role played by biotechnology in advancing technology across diverse sectors of the economy. Furthermore, the paper underscores the value of biotechnology clusters in catalysing economic growth, particularly in nations undergoing active development. This investigation encompasses a comprehensive analysis of international practices, offers a nation-specific assessment, and underscores the advantages that biotechnology clusters can bestow upon businesses and regional economies. The research also formulates recommendations for the advancement of the biotechnology sector in Russia and the promotion of local companies’ involvement in biotechnology clusters.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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