โ Scribed by Peter Haug; Philip Ness
No coin nor oath required. For personal study only.
Biotechnology will have a significant effect on future global industrial competitiveness and regional economic development, and intense competition has resulted between regions and local communities to attract biotechnology investment . This paper describes empirical evidence from thirty-seven commercial biotechnology firms on background attributes, company origins, financial capital resources, market distributions, and strategic alliances . Data were collected through extensive personal interviews with senior executives and scientists . Findings indicate the significance of small and medium-sized firms in the biotechnology sector, the entrepreneurial origins of these firms, and the key relationship between the existing regional technological infrastructure and biotechnology firm formation . Evidence also outlines shifting patterns in firm development and financing and the move towards foreign markets and collaborative arrangements . The paper concludes with a discussion of the major challenges confronting biotechnology firms and policy implications for regional economic development .
๐ SIMILAR VOLUMES
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