Purpose The purpose of this study is to show how scenario-based forecasting can give a better understanding of future commercial potential of a newly developed technology. This study aims to bridge the existing gaps in technology commercialization process for various projects supported under...

Biotechnology, ever since its inception has had a huge impact on the society and its various applications have been intricately woven into the human web of life. Its evolution amidst all the other research realms vital to mankind is remarkable. In this paper, we intend to identify the radical...