Thesis: Modern Biotechnology can be harnessed to improve the global economic welfare in such fields as agricultural production, improvement of production processes and biomedical research.
Introduction
Biotechnology, in its simplest form, can be defined as the type of technologies that are based on biology. In its umbrella meaning, the term refers to the use of cellular and molecular innovations to solve such world problems like food security, development of treatment for illnesses and conducting research with an aim of improving manufacturing processes. Sometimes, biotechnology is used to provide solutions like replacement of energy that is produced using processes that push ...