Postgraduate Course: Economics and Innovation in the Biotechnology Industry (PGBI11059)
Course Outline
| School | School of Biological Sciences |
College | College of Science and Engineering |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Credits | 10 |
| Home subject area | Postgraduate |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | Biotechnology is the effort to use biological knowledge and processes to feed, clothe, shelter and make money for its practitioners. The economic structures that make money in biotechnology are limited liability joint stock companies. Such companies exploit patenting, intellectual property and production and marketing in different ways.
This new ten credit course will examine successful models, structures and strategies in use in current biotechnological industry. Where business models fail will also be investigated Comparisons between Scotland and Denmark (biotechnology in a largely post-industrial landscape) and Brazil, China and India (biotechnology in rapidly urbanising societies with large agricultural sectors) will be made and analysed.
The teaching objectives of the course are to impart knowledge of how biotechnology has developed into today¿s industry and how biotechnology contributes to the research and development culture of our contemporary economic systems.
The course objectives are to impart an understanding of how biology derived technologies have developed during recent human economic and social evolution and how they are likely to further develop during this century. |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | No |
Course Delivery Information
| Not being delivered |
Summary of Intended Learning Outcomes
Knowledge and understanding
After completing this course, students should be able to:
- Demonstrate advanced knowledge of current economic landscape of biotechnology and the markets for biotechnology products.
- Understand the key role of innovation and demonstrate knowledge of the history of biotechnological innovation.
- Know what management is, and how it can direct novel biotechnological development
- Know where current biotechnology hot spots are and demonstrate a capacity to critically analyse potentially promising new biotechnologies.
- Understand how capital investment operates and the various structures for funding biotech development.
- Analyse critically the various models and structures for biotechnological innovation and production.
Cognitive skills
After completing this course, students should be able to:
- Critically analyse the economic basis of any proposed venture into biotechnology and production for profit
Subject specific skills
After completing this course, students should be able to:
- Understand how economics and policy affect innovation in biotechnology and how management directs biotechnology enterprises. |
Assessment Information
- Scientific resume
- Essay 1 (10%)
- Essay 1 rewrite (7%)
- Presentation (10%)
- Essay 2 (70%) 2500 words
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Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | BIOTECH Ec and Innov |
Contacts
| Course organiser | Dr David Arnot
Tel: (0131 6)50 5503
Email: |
Course secretary | Miss Sarah Anderson
Tel: (0131 6)50 8643
Email: |
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