Biotechnology is an applied field of study, the outcome of the integration of the disciplines of biology, chemistry and engineering. Its applications within human and environmental health combined with the development and improvement of new products and processes holds direct benefits for socioeconomic development. The emergence of biotechnology as a key global player in innovation and technology transfer means that this field also incorporates the social sciences, business, economic and legal fields. Biotechnology is an applied field of study, the outcome of the integration of the disciplines of biology, chemistry and engineering. Its applications within human and environmental health combined with the development and improvement of new products and processes holds direct benefits for socioeconomic development. The emergence of biotechnology as a key global player in innovation and technology transfer means that this field also incorporates the social sciences, business, economic and legal fields.