Biological engineering as a driver of innovation: implications for the economy

The world economy’s growth has devastated the environment, risking resource scarcity. Recognizing the urgency, various business concepts aim for triple bottom line goals – ecological, economic, and social. Biological engineering emerges as a promising solution, utilizing renewable biological resources to address global challenges. This paper explores its role across sectors like novel materials and agriculture, shifting focus to economic implications, especially in startup ventures. By examining global startups’ distribution and venture capital investments, it highlights their role in driving innovation and economic growth. It underscores biological engineering’s potential in addressing environmental challenges and fostering prosperity through innovative startups, bridging science and business for sustainability.