In addition to earning billions from apps, California will soon be making trillions from living medicines, biomolecules and microbes. Other states can cash in on this boom, too
“I think the biggest innovations of the 21st century will be at the intersection of biology and technology,” said Apple co-founder Steve Jobs when asked where he thought the next economic revolution would be - “A new era is beginning.”
California has birthed technological revolutions before. In the twentieth century, the famed garages of Silicon Valley produced the likes of Apple and Hewlett-Packard — two startups that grew to reshape the economies of California and the world. But in 1976, the same year that Apple was founded, another startup was formed.was the first modern biotechnology company. Based in South San Francisco, it produced what is arguably the first synthetic biology product: human insulin.
A new breed of biologists thinks it can do much better. Synthetic biology startups aim to develop living medicines, make industrial farming more sustainable, and help solve the climate crisis by using CO2 to manufacture everything from plastics to chemicals and new materials. California boasts not only elite private universities like Stanford, but it also has one of the most economically vibrant public university systems, the University of California . Image courtesy of brainchildvn on FlickrBut as the US funding map shows, the bioeconomy is not spread evenly. After California and Massachusetts, the next closest state is North Carolina with an investment 10 times less than the two leading states.
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