Cluster Related Success Factors Of Entrepreneurial Biotech Companies
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Determination of Critical Success Factors for the Development of Biotechnology Clusters
| Author | : Markus Fischer |
| Publisher | : GRIN Verlag |
| Total Pages | : 37 |
| Release | : 2007-09 |
| Genre | : Business & Economics |
| ISBN | : 3638779513 |
Essay from the year 2006 in the subject Business economics - Miscellaneous, grade: 1,8, Leipzig Graduate School of Management, course: Innovation, Entrepreneurship and Cluster Development, 11 entries in the bibliography, language: English, abstract: In this paper I am going to discuss factors that initiate and drive the clustering of biotechnology companies. In a first step I will address the question of defining a cluster as such. I then turn to a discussion of believed beneficial outcomes by referring to the works of Porter who claims that among others clusters attract the formation of new businesses and also result in growth of the respective cluster . In the light of ten case studies I will then assess the relevance and impact of critical factors on the creation and development of biotechnology clusters. The findings of the case studies suggest relevant key factors and prerequisites for biotechnological clusters to emerge and to develop. Special emphasis will be placed on the question whether or not the beneficial outcomes of clustering as described by Porter can be confirmed by the case studies and the implications that follow as far as the beneficial outcomes are not being confirmed. The paper will conclude with a theoretical framework that is aimed at capturing the virtuous cycle of biotechnology clusters
Industrial Clusters In Biotechnology: Driving Forces, Development Processes And Management Practices
| Author | : Davide Chiaroni |
| Publisher | : World Scientific |
| Total Pages | : 242 |
| Release | : 2004-12-01 |
| Genre | : Business & Economics |
| ISBN | : 1783260491 |
This book presents the results of Cleverbio, a project funded by the European Commission. The project examined the process of growth and development of clusters in the biotech industry, identifying and studying the main driving forces. The empirical work involved in-depth analysis of five clusters at different stages of development: Cambridge, the most important cluster in Europe; Heidelberg, one of the strongest in Germany; Aarhus in Denmark; Marseille in France; and Milano in Italy at an early stage of development. Other clusters were also analysed, such as Paris-Evry (France), Uppsala (Sweden), Biovalley (Switzerland), Bay Area and San Diego (US).The ultimate aim of Cleverbio has been to build a normative model that incorporates:• the preconditions for a cluster to grow (scientific base and/or industrial base, innovative financing, etc.);• the driving forces for cluster growth and development, i.e. the key factors of development (new company creation, IP rules, acceptance of biotech products, services and infrastructures, etc.);• best practices in cluster management (barrier removal, network creation, marketing, technology transfer, etc.).The book also identifies different forms of cluster creation. In some cases clusters were born and grew spontaneously as a consequence of the original co-presence of the key success factors (spontaneous clusters); in other cases they were born of the actions of public actors (industry restructuring and industry development policies). Finally, in a few cases, the process of clustering started as a result of a combination of different original conditions (hybrid clusters)./a
Cluster Genesis
| Author | : Pontus Braunerhjelm |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 353 |
| Release | : 2006-11-02 |
| Genre | : Business & Economics |
| ISBN | : 0199207186 |
Clusters - regional concentrations of related firms and organisations - are a key element of economic growth and innovation. This book discusses the case histories of well-known clusters, including: the Hollywood motion picture cluster, Silicon Valley, and Boston and San Francisco biotech regions.
Biotechnology Entrepreneurship
| Author | : Craig Shimasaki |
| Publisher | : Academic Press |
| Total Pages | : 489 |
| Release | : 2014-04-08 |
| Genre | : Medical |
| ISBN | : 0124047475 |
As an authoritative guide to biotechnology enterprise and entrepreneurship, Biotechnology Entrepreneurship and Management supports the international community in training the biotechnology leaders of tomorrow. Outlining fundamental concepts vital to graduate students and practitioners entering the biotech industry in management or in any entrepreneurial capacity, Biotechnology Entrepreneurship and Management provides tested strategies and hard-won lessons from a leading board of educators and practitioners. It provides a ‘how-to’ for individuals training at any level for the biotech industry, from macro to micro. Coverage ranges from the initial challenge of translating a technology idea into a working business case, through securing angel investment, and in managing all aspects of the result: business valuation, business development, partnering, biological manufacturing, FDA approvals and regulatory requirements. An engaging and user-friendly style is complemented by diverse diagrams, graphics and business flow charts with decision trees to support effective management and decision making. Provides tested strategies and lessons in an engaging and user-friendly style supplemented by tailored pedagogy, training tips and overview sidebars Case studies are interspersed throughout each chapter to support key concepts and best practices. Enhanced by use of numerous detailed graphics, tables and flow charts
Biotechnology Entrepreneurship
| Author | : Craig Shimasaki |
| Publisher | : Academic Press |
| Total Pages | : 684 |
| Release | : 2020-05-16 |
| Genre | : Reference |
| ISBN | : 0128155868 |
This second edition of Biotechnology Entrepreneurship: Leading, Managing, and Commercializing Innovative Technologies is an authoritative, easy-to-read guide covering biotechnology entrepreneurship and the process of commercializing innovative biotechnology products. This best practice resource is for professional training programs, individuals starting a biotech venture, and for managers and experienced practitioners leading biotech enterprises. It is a valuable resource for those working at any level in the biotech industry, and for professionals who support and provide essential resources and services to the biotech industry. This practical, “how-to book is written by seasoned veterans experienced in each of the operational functions essential for starting, managing, and leading a successful biotech company.Biotechnology Entrepreneurship explains the biotech business components and underlying strategies, interspersed with practical lessons from successful biotech entrepreneurs, educators, and experienced practitioners. These veteran contributors share their insights on how to be successful in this challenging but exciting industry. Subjects range from technology licensing and translating an idea into a viable business, forming your legal company entity, securing angel and venture capital, navigating product development, FDA regulatory approval, and biomanufacturing.This book is a user-friendly guide to decision-making and overall strategy written as a hands-on management tool for leaders and managers of these dynamic biotechnology ventures. If you are contemplating starting a biotech company, are a manager at any level, a seasoned veteran, or service provider in the biotech industry, this book is a “must read. This second edition includes several new chapters on topics such as: What you need to know about valuation and term sheets Investor presentations and what you need in a biotech investor pitch deck Mentorship and why you need mentors Artificial intelligence applications in biotech and pharma Common biotech entrepreneur mistakes and how to avoid them
Clusters, Networks, and Innovation
| Author | : Stefano Breschi |
| Publisher | : OUP Oxford |
| Total Pages | : 524 |
| Release | : 2005-12-22 |
| Genre | : Business & Economics |
| ISBN | : 0191515299 |
Governments and regional authorities often express the belief that the key to prosperity and economic expansion is related to the ability of countries to sustain regional clusters of competitiveness and innovation. The book reviews the most important conceptual approaches to the analysis of the emergence, growth and evolution of clusters of innovation. Drawing from the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei, the contributions in this book offer a broad interpretative framework and policy implications for the creation and strengthening of competitive clusters. Themes include: · the wide variety of existing clusters and the diversity in their emergence and growth; · the international mobility of factors and demand linkages; · the role of different network types and the social setting; · the accumulation of capabilities in key large actors and the importance of spinoffs and new firm formation; · the role of different learning regimes and sectoral specificities; · the importance of social networks, labour mobility, and face-to-face contacts as vehicles of knowledge spillovers. Broad implications are drawn for the design of policies to encourage successful economic clusters in developed and developing clusters.
The Capacity to Innovate
| Author | : Sarah Giest |
| Publisher | : University of Toronto Press |
| Total Pages | : 200 |
| Release | : 2021 |
| Genre | : POLITICAL SCIENCE |
| ISBN | : 1442622148 |
"In The Capacity to Innovate, Sarah Giest provides insight into the collaborative and absorptive capacities needed to provide public support to local innovation through cluster organizations. The book offers a detailed view of the vertical, multi-level, and horizontal dynamics in clusters and cluster policy and addresses how they are managed and supported. Using the biotechnology field as an example, Giest highlights challenges in the collaborative efforts of public bodies, private companies, and research institutes to establish a successful eco-system of innovation in this sector. The book argues that cluster policy in collaboration with cluster organizations should focus on absorptive and collaborative capacity elements missing in the cluster context in order to improve performance. Currently, governments operate at different levels--local to supranational--in order to support clusters, and cluster policies are often pursued in parallel to other programs. As the book shows, this can lead to uncoordinated efforts and ineffective cluster strategies. Relational dynamics are often overlooked when working backwards from performance indicators, since their effects are largely indirect but Giest demonstrates that both the cluster organization and the cluster eco-system play a role. The Capacity to Innovate advocates for a coordinated effort by government and cluster organizations to support capacity elements lacking within the specific cluster context."--
Small Business Clustering Technologies: Applications in Marketing, Management, IT and Economics
| Author | : MacGregor, Robert |
| Publisher | : IGI Global |
| Total Pages | : 354 |
| Release | : 2006-09-30 |
| Genre | : Business & Economics |
| ISBN | : 1599041286 |
Examines the development and role of small business clusters from a variety of disciplines - economics, marketing, management, and information systems. This book aims to prove that there is an approach suggesting that cluster analysis is truly interdisciplinary. It gives case studies illustrating the variety of clusters throughout the world.
Clusters of Innovation in the Age of Disruption
| Author | : Engel, Jerome S. |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 480 |
| Release | : 2022-07-21 |
| Genre | : Business & Economics |
| ISBN | : 1800885164 |
This book is about innovation ecosystems, Clusters of Innovation (COI) and the Global Networks of Clusters of Innovation (GNCOI) they naturally form. What is innovation and why is it important to us? Innovation is nothing less than the ability for constructive response and adaptation to change. The cause and catalyst for that change is frequently identified as technology and its unceasing pressure to improve on existing solutions and address unmet needs. The last decade has painfully demonstrated that exogenous environmental shocks are also sources of change that call for innovative responses, ranging from the obvious challenges such as global warming and Covid-19 to the more subtle social and political perturbations of our time.
