Biotechnology Case

Biotechnology is a use of scientific standards to the refining of substance by biological agents to provide goods and services. Biotechnology has continue to get close connection with the society.

When Opening a new biotechnology company in different country, there are many issues that need to be considered. The main concerns are location, the country's policy and the regulations that the country have toward new business.

Launching a Biotechnology industry in southern Germany is desirable. Southern Germany support a foreign country to establish new companies. in the past two decade Southern Germany has become an arch for biotech industry. We can say that this region is viable for our industry because of its exceptional research institutes and in addition to the professionals who organize, operate and assume the risk for our business activates have open mind for foreign companies. Biotechnology is essentially important in Germany, it is believed to be one of basic opportunity for economic growth and quality of life.

Opening a biotechnology industry in southern germany contributes to the growth and development of academic. Developing a biotechnology company is complex regarding the processes of the time it takes and the cost. Translating the results into economic and marketable services demand, obtaining regulatory approvals as well as getting enough money for research project.

The Biotechnology industry is supported by the German government, they believe in growing this technology, and the public have a positive view for this project to help the country's economy. Biotechnology industry in southern Germany is very captivating for investors like us because the competition is very low and it has good future. The government's support assure us that our company is in good hand.

When doing business in germany, we have to understand the culture. They have different approach when it comes to communicating to each other. As for the language , english is spoken by almost everyone.

Our ideal Biotechnology company will have a qualified employees who can promote a solid idea to advertise the companies intention and plan. Our professionals will out line the technology that will be used to perform research and approach which will lead them to get the best solutions. Its very important to have detailed plan for what company may bring to the global business.

Foreign direct investment allows a foreign business to keep their investment. Southern Germany does not have restraint for direct foreign investment. I will recommend this approach because when our company become successful in the future we can keep the profit.