The use of enzymes, microorganisms, and plants to create energy, and
industrial chemicals for consumers is industrial biotechnology. This sector utilizes
natural processes to maximise and improve biochemical pathways that can be used in
the manufacturing process. The integration of biotechnology into industrial processes is
changing not only how we produce goods but also bringing us new goods that were
unthinkable just a few years ago and has created a lot of room for innovation and
entrepreneurship. The commercial aspects of industrial biotechnology as well as the
possible fundamental strategies associated with working biotech entrepreneurs and
professionals in addition to its scope and risk involved in it are discussed here.
Keywords: Entrepreneurship, Industrial biotechnology, Risks.
