Abstract
Biotechnology represents the industrial use of biological organisms and processes to manufacture medical, agricultural and consumer products (Oakey et al. 1990). Biotechnology applications include, among others, bulk and specialty chemicals, healthcare, food and drink products, waste or pollution treatment, and agriculture (Sager 2001). Based on these descriptions, we can characterize biotechnology entrepreneurship as the motivation, skills and actions required to successfully identify and exploit market opportunities regarding the use, manufacturing and consumption of products and services derived from the use of biological organisms and processes. To understand the specificities of entrepreneurship in biotechnology, we discuss in the following sections, the various paths of biotechnology entrepreneurship, the opportunities and challenges of biotechnology entrepreneurship, and finally, the relationship between entrepreneurship and intrapreneurship in this specific sector.
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