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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

The Study of Type of Biotechnology Industry Trend According its State in Malaysia: Part A

Chee Loong Teo, Huam Hon Tat

http://dx.doi.org/10.6007/IJARBSS/v9-i9/6413

Open access

Recently, biotechnology industry gradually develops into a major and highlight potential industry in worldwide which is believe that will form a new generation in these industry field. Started from year 2005, Malaysia was officially established the Malaysian Biotechnology Corporation (MBC) which is focusing in development biotechnology field. As up to-date, the numbers of biotechnology company continuously develop. In this paper, 282 biotechnology company are focused and classified according its bioindustry type and accordance with Malaysia respectively. Johor, Kedah Kelantan, Malacca, Negeri Sembilan, Pahang, Perak, Sabah and Sarawak are the major focus on agricultural biotechnology (60 - 100%), Penang and Selangor are developed more evenly in different biotechnology industry such as agricultural biotechnology (55 – 58%), medical biotechnology (27 – 35%) and industrial biotechnology (10 - 15%), Terengganu focus on agricultural biotechnology (50%) and industrial biotechnology (50%) while Wilayah Kuala Lumpur even more focusing on medical biotechnology (46%) compare with agricultural biotechnology (38%) and industrial biotechnology (16%).

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In-Text Citation: (Teo & Tat, 2019)
To Cite this Article: Teo, C. L., & Tat, H. H. (2019). The Study of Type of Biotechnology Industry Trend According its State in Malaysia: Part A. International Journal of Academic Research in Business and Social Sciences, 9(9), 1184-1200.