Bio-Mimicry (from Greek words 'bios', meaning "life", and 'mimesis', meaning "to imitate").
Historically, the term Bio-Mimicry originates from the domain of biologists, who described the following phenomenon: Some animal species, especially in the insect world, mimick the appearance of another kind of animal, to ward off predators. Other species obtained colors to blend away in their environment, thus to hide from predators. For example, some harmless flies have evolved over thousands of years to obtain the appearance of nasty wasps. Small birds do not dare to pick at a wasp, because of the possibility to get hurt by its nasty sting. The look-a-like wasp (but actually a fly) profits from this aversion and survives better. It then reproduces this genetic quality during evolution. This cybergenetic mechanism secures the morphological adjustment in visual appearance in its future offspring.
Nowadays, technological and commercial entrepreneurs are using this term to denote the following: Scientists investigate special qualities of certain plants or animals. Then, they try to imitate this quality or produce / improve it in laboratories as a biological technology. The next step is to industrialize it and release it as a commercial product to market, thus monetizing it through mass production.