ChinaTalk Industrial Policy for Biotech?
Aug 28, 2022
Ryan Fedasiuk, a research fellow specializing in biotech and U.S.-China relations, and Gigi Gronvall, an immunologist at Johns Hopkins focused on biotech security, dive into the critical role of biotechnology in the U.S. bioeconomy. They discuss the need for national strategies to strengthen biotech amidst global competition and the implications of the Bayh-Dole Act on innovation. The duo also highlights the importance of scientific expertise in policymaking and explore quirky connections between music and biotech, making for a lively and insightful conversation.
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Bioeconomy's Rise
- The bioeconomy emerged when people realized biotechnology's potential to drive 21st-century economies.
- This realization spurred investments in S&T development and workforce training to support biotech businesses.
Beet Bioprocessing
- A French biorefinery processes beets into sugar, fuel, animal feed, and materials like nylon and concrete.
- This illustrates the diverse applications of bioprocessing and biotechnology's potential.
Global Biotech Competition
- Other nations are strategically advancing in biotechnology, prompting concerns about the U.S. falling behind.
- Synthetic biology, pioneered in the U.S., is now a focus for other countries investing in their future workforce.