Over the past few years, biotechnology has become one of the most promising sectors of the economy. The biotech industry has been a vital instrument in developing and supplying COVID-19 vaccines in record time. The article discusses global trends in technology development in this area. The major players in the global biotechnology market have been identified, and the positions of Germany have been determined. The authors defined a crucial role of the biotech sector in German innovation and discuss the main trends in the growth of the German biotechnology market with a volume forecast of biotechnology output in Germany for 2020–2023.
In the context of globalization and the fourth industrial revolution (Industry 4.0), the development of robotics and AI has become one of the most important factors of economic and technological growth. A leadership race has already unfolded between the developed countries. Today, China is the undisputed leader in this industry and the largest consumer of industrial robots, but this was not always the case. To achieve leadership in this sphere, the Chinese government supports robotics startups in automotive, electronics, and logistics. The support is provided in the form of tax incentives and subsidies for R&D. The purpose of the research was to forecast the industrial robots' market in China and answer whether it will keep its position in the future. The carried study showed that the market of industrial robots in China is increasing, significantly outpacing the dynamics of global indicators. The decline in the growth of the Chinese robotics market indicators can be explained by the consequences of the COVID-19 pandemic and trade tensions between the market leaders: China and the United States.
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