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Role of Venture Capitalists, Industries and Start-Up Companies in Commercialization of Genomics Science
Abstract
The chapter defined venture capital and carefully explained the functions of such enterprise which play monumental role in the technological development of any nation. The intent of many bona-fide VC is to meticulously select worth-while ideas which have the potential for generating income stream to investors and creating needed services and economic opportunities for society. Prototypes of Venture capitalists were presented in the major urban communities across United States. With the ongoing genomic revolution, Venture Capitalists have a significant role to play in investing in several, budding start-up companies. We also discussed the glowing initiatives, demonstrated by leaders and entrepreneurs from China. BGI has become the best institute for other developing nations to emulate. The projected, potential return on investment in genomics has been predicted to be over 100billion US dollar.
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