The Analysis Of Biote Bio-engineering's Operation Strategy

Some experts have predicted that, following the"hunting economy","agricultural economy","industrial economy"and"network economy", the fifth economic form of humankind will be"bio-economy". Some other experts have predicted that, bio-technology (BT) will supercede information technology (IT) soon and become"the technology that is of most importance to the whole society and may change the future industrial and economic patterns". The diversity of BT products provides a rare development opportunity for developing countries with abundant resources.The Chinese government has been paying close attention to the developments of the state's bio-economy and bio-technology and is encouraging and supporting development of domestic bio-economy and bio-technology by all means. The private bio-economy will, like the private information economy, play an important role in the course of development of the state's bio-economy. Xiamen Biote Bio-engineering Co.,Ltd. (hereinafter referred to as"Biote Bio-engineering") is a small-to-medium-sized private bio-tech enterprise jointly established in June 2003 by overseas bio-research institute, returned scholars who have been engaged in bio-engineering research for many years and domestic experts in relevant fields. It is located in the State Pioneering Park for Overseas Chinaese Scholars in Xiamen Torch Hi-tech Zone. As a small-to-medium-sized private bio-tech enterprise that participates in the state's bio-economic development, Biote Bio-engineering is carving out a development path that fits in with its own resource characteristics and achieving sustainable development in the big environment of the world's bio-economy and the policy environment of China's bio-economy. Its operation strategy selection at the very beginning of its establishment and its operation strategy orientation during its business as well as some other strategic management concepts have played an significant role.In this article, an analysis of Biote Bio-engineering's operation strategy will be carried out by use of contemporary strategic management expertise as well as applicable strategic management analysis tools like SWOT and BOSTON matrix, etc. on the basis of summarizing and analyzing the development status and trends of the world's bio-economy and bio-technology as well as China's bio-economy and bio-technology. Through analysis of operation strategy of Biote Bio-engineering, who has been aspiring to develop bio-economy and bio-technology, the author indicates the importance of scientific strategic management in the enterprise, hoping to provide certain enlightenment to those private bio-technology enterprises that aim at developing bio-economy.