When matched with Asian mega trends in culture, demographics and economics, BioScience products provide huge potential for exploitation and value creation in the coming years. This potential will be further enhanced by the declining capacity of the worlds oil reserves to provide hydrocarbons for fuel and materials, and plants will become more important as bio-factories for basic ingredients to sustain human societies. Successful business models have been developed to harness the potential of BioScience to meet the demands for food, feed and organochemicals based on value creation and value capture mechanisms. These mechanisms are described in the book with real world case studies. As BioScience applications become more basic in nature, product development has increased in its complexity and requires special attention to obtain freedom to operate. Controversy about novel gene technologies threatens to derail the BioScience Revolution as public concern about safety issues and bioethics are fuelled by opposition groups to the new biology. This book describes communication techniques and messages to address such concerns and shows how early education programs can have high payoffs for companies that invest in novel products.
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Paul S Teng is currently Head of the Natural Sciences & Science Education Academic Group of the National Institute of Education (NIE), Nanyang Technological University in Singapore. He leads a group of about sixty-five academic faculty staff with content and pedagogy specialization. Just before joining NIE, between 2002-2004, Professor Teng was Deputy Director General-Research of the World Fish Center (a CGIAR center based in Malaysia, previously known as the International Center for Living Aquatic Resource Management). He worked for Monsanto Company (1999-2002), a leading Life Science company, as Asia Pacific Director of Science & Technology, and subsequently as Asia Vice-President for Public Affairs, participating fully in Monsanto's biotechnology commercialization and market expansion in Asia. Prior to this he was with the International Rice Research Institute (IRRI), Philippines, as its Program Leader for Cross-ecosystems Research, (1991-1998) and its Integrated Pest Management Coordinator (1987-1990). Between 1978-1987, Professor Teng was at the University of Minnesota, USA, respectively as Assistant Professor, Associate Professor, then Professor of Plant Pathology. Between 1989-90, he was at the University of Hawaii, as Professor and Department Chair, Plant Pathology. Professor Teng was the first Asian to obtain in 1978 a PhD in agricultural microbiology/systems research, from Lincoln College, University of Canterbury, New Zealand. He specializes in epidemiology, agricultural/food systems research, science communication and development management, has published over 250 technical papers and co-edited eight books, and has won awards such as the Eriksson Prize in Plant Pathology awarded by the Royal Swedish Academy of Sciences. He is a Fellow of the Third World Academy of Sciences, and the American Phytopathological Society, and was co-recipient of the 2001 CGIAR Excellence in Science Award for Outstanding Scientific Article in 2001. His experience with research leadership includes generating funding support of over US$20 million from multiple agencies over the past 10 years. He is familiar with donor/investor requirements for R&D support. Between 1984-1998, Professor Teng has made innumerable visits to more than 35 countries in support of development projects through consultancies with the World Bank, the US Agency for International development, the Asian Productivity Organization, and the Food & Agriculture Organization, U.N. Professor Teng was the former President of the Board of the Asia-Pacific Regional Technology Center, Thailand and a former Chairman of the Epidemiology Committee of the International Society of Plant Pathology. He is currently on the Board of the international non-profit International Service for the Acquisition of Agri-biotech Applications (ISAAA) as its Vice-Chair and a co-founder and non-executive Chairman of the Board for Asia BioBusiness Pte. Ltd. (www.asiabiobusiness.com).
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