Green biotechnology is one of the most controversial and sensitive issues within the agricultural sector. Different innovations based on GM technology not just have high potential for increasing agricultural productivity but also raise concerns within society. In 2012, worldwide more than 160.4 Mio. hectares have been cultivated with GM plants. GM technology is mostly planted in North and South America. However, most European countries do have an reluctant attitude towards GMO. We apply empirical methods to analyze the potential of GM technology from production, resource and socio economic perspectives.