Such an important essay. Synthetic biology has to get this right in order to have the tremendous potential impact for our planet, our resources and our future.
Love it. To develop a thriving bioeconomy, we need as much economic ingenuity as technical innovation. TEA is a valuable tool for forecasting a new technology's competitiveness in the market to make sure its financial viability against established industries.
Interested in learning more about about reusable infrastructure. Similar to how AWS and other cloud providers lowered the cost (in both time and money) of building software, facilities where biotech startups can rent infra seem like a gamechanger.
TEA is definitely something that is cropping up into conversations in the some of the bioeconomy spaces. Really interested to read about it in much more detail here, super useful piece!
This is super interesting Elliot. I wonder if TEA has a place in the arsenal of health economic modelling too - particularly around the use of AI in healthcare systems... what do you think? I think the process mapping is something that can be easily done, but oftentimes key data points on efficacy are missing
Great article Elliot. Lots of food for thought that we can use in finetuning our production including the harvesting the metabolites expressed by the microalgae strains we use in our products.
Such an important essay. Synthetic biology has to get this right in order to have the tremendous potential impact for our planet, our resources and our future.
To get this right, we need to win in the market!
Great post! Came across from NotBoring!
I have seen TEA used extensively in energy projects (im a management consultant by day)
However have not heard its use in the biotech projects i see
Time to imitate ;)
Nice report Elliott, it looks TEA methodology will make some of biotech's dreams become economic realities.
Thanks Michael!
Love it. To develop a thriving bioeconomy, we need as much economic ingenuity as technical innovation. TEA is a valuable tool for forecasting a new technology's competitiveness in the market to make sure its financial viability against established industries.
Indeed! Thanks for reading Eshan.
Interested in learning more about about reusable infrastructure. Similar to how AWS and other cloud providers lowered the cost (in both time and money) of building software, facilities where biotech startups can rent infra seem like a gamechanger.
I would recommend BioSteam as a fantastic TEA builder for bioprocesses. It's free, open source, and very powerful.
TEA is definitely something that is cropping up into conversations in the some of the bioeconomy spaces. Really interested to read about it in much more detail here, super useful piece!
This is super interesting Elliot. I wonder if TEA has a place in the arsenal of health economic modelling too - particularly around the use of AI in healthcare systems... what do you think? I think the process mapping is something that can be easily done, but oftentimes key data points on efficacy are missing
Great article Elliot. Lots of food for thought that we can use in finetuning our production including the harvesting the metabolites expressed by the microalgae strains we use in our products.