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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Elucidating the Study of Type of Biotechnology Industry Trend According its State in Malaysia: Part B

Chee Loong Teo, Huam Hon Tat

http://dx.doi.org/10.6007/IJARBSS/v9-i9/6419

Open access

Modern biotechnology industry has been growing rapidly around the world especially in developing countries via the application of the technology in field of agriculture, industrial and medicine. Begin from year 2005, a lot of private biotechnology industries forming with the local government initiatives and the worldwide market potential. In this paper, follow the research from previous paper and continue to investigate the relationship among 282 biotechnology company according the type of biotechnology industry and its location. From the study from the selected location found that the highest number of AgBiotech company and BioIndustrial company in Selangor and BioMedical companies in Wilayah Persekutuan Kuala Lumpur. In addition, BioMedical (43.75%), BioIndustrial (62.5%), and AgBiotech (81.25%) occupied from selected location. Finally, in the majority states the numbers of agricultural biotechnology company higher than the total number of biotechnology companies in industrial biotechnology and medical biotechnology except Wilayah Persekutuan Kuala Lumpur.

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In-Text Citation: (Teo & Tat, 2019)
To Cite this Article: Teo, C. L., & Tat, H. H. (2019). Elucidating the Study of Type of Biotechnology Industry Trend According its State in Malaysia: Part B. International Journal of Academic Research in Business and Social Sciences, 9(9), 1261-1268.