KHOJ: Journal of Indian Management Research and Practices

Priyanka Pawar ¹, Sameer Pralhad Narkhede ²

Affiliations
1 Indira College of Engineering & Management, Parandwadi, Pune, IN
2 North Maharashtra University, IN

Abstract

Stem cell research as a radical innovation in the medical field holds promises for good health and development as its treatment is curable to many diseases as well as in business. The objectives of this paper is to explore the challenges and scope for establishing platform for business holders, new entrepreneurs &Stem Cell Research as one of the affordable branch of medicine in India and to examine whether Stem cell research would face the same ethical and religious hostility in the Indian context as faced by it in other parts of the globe. The methodology would involve the use of secondary data sources in order to understand the scenario of stem cell research in India, with respect to the business objectives. It is still an emerging field in India, which needs proper funding and good policies for implementation by government authorities and organizations like DST, DBT and ICMR. Several research institutions and biotech companies have been formed with the mandate on bringing stem cell research outcomes from bench to bedside.

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