Handbook of Bioentrepreneurship (International Handbook Series on Entrepreneurship (4))

Providing an important and timely overview of research in the field of entrepreneurship in biotechnology, __The Handbook of Bioentrepreneurship__ examines one of the most promising industries of the 21^st^ century. While genetically engineered foods and biopharmaceuticals have made biotechnology part of our everyday lives, launching a bioventure is among the most complex and risky entrepreneurial undertakings, given long development cycles, high levels of technological and market uncertainty, and extraordinary capital requirements. Featuring unparalleled, in-depth analysis from experts around the world, the __Handbook__ sheds light on emerging business models and strategies, geographical and regional networks, cooperation between firms and universities, legal frameworks, and policy issues that influence the context in which biotech ventures are established and the conditions under which they may flourish. Reviewing and showcasing state-of-the-art data, examples, theoretical insights, and practical applications, the __Handbook__ will serve as an essential resource for researchers and students in entrepreneurship, corporate strategy, technology management, and economic policy, as well as business leaders, investors, scientists, and policymakers with a stake in the dynamic, high-growth industry of biotechnology. Interest and attention to entrepreneurship has exploded in recent years. Yet, much of the research and scholarship has remained elusive to academics, policymakers and other researchers. This reflects two crucial aspects of the entrepreneurship literature. First has been the explosion of new findings and insights, both theoretically and empirically. Second, most of this scholarship has been rooted in traditional academic disciplines, spanning a broad spectrum of fields such as management, finance, economics, sociology and psychology. The International Handbook of Entrepreneurship brings together leading scholars from each of these disciplines to provide an overview of what the issues are for entrepreneurship when viewed through the lens provided by the academic disciplines as well as a synthesis about what has been learned and what questions should be high on the agenda for future research. The Handbook will provide a roadmap to an emerging complex but intriguing field of entrepreneurship. "Research and theory on entrepreneurial phenomena is advancing rapidly in scope and quality. The year 2003 is an excellent time for a comprehensive status report by the best scholars in the field. Acs and Audretsch have clearly organized such a statement--it will be a boon to all those seeking an authoritative overview of the current status of entrepreneurial research. The focus on advanced economies or the advanced sectors of developing countries reflects the emphasis in the extant research and theory. This new Handbook sets the framework for an expansion of attention to the vast majority of entrepreneurs--who are operating in the third world." Paul D Reynolds, London Business School, UK and Babson College, USA "In The Handbook of Entrepreneurship Research, Acs and Audretsch have compiled an impressive collection of contemporary contributions from many of the very best scholars in entrepreneurship across disciplines. It provides doctoral students with a broad yet solid introduction to the field, and established scholars with an overview that is otherwise very hard to obtain. It is a must read for every academic who is serious about entrepreneurship." Per Davidsson, The Jönköping International Business School, Sweden "Acs and Audretsch have assembled a virtual who's who list of researchers in the fledgling field of entrepreneurship. Even more usefully, the Handbook also includes reviews of the vast array of work closely related to entrepreneurship that has appeared primarily in economics, psychology and sociology journals; despite their relevance, locating these studies can prove difficult as their authors frequently do not focus on the implications for their research for entrepreneurship. As its "Handbook" label implies, it should be a valuable reference tool for those in the area for years to come." Olav Sorenson, University of California, Los Angeles, USA Providing an important and timely overview of research in the field of entrepreneurship in biotechnology, The Handbook of Bioentrepreneurship examines one of the most promising industries of the 21 st century. While genetically engineered foods and biopharmaceuticals have made biotechnology part of our everyday lives, launching a bioventure is among the most complex and risky entrepreneurial undertakings, given long development cycles, high levels of technological and market uncertainty, and extraordinary capital requirements. Featuring unparalleled, in-depth analysis from experts around the world, the Handbook sheds light on emerging business models and strategies, geographical and regional networks, cooperation between firms and universities, legal frameworks, and policy issues that influence the context in which biotech ventures are established and the conditions under which they may flourish. Reviewing and showcasing state-of-the-art data, examples, theoretical insights, and practical applications, the Handbook will serve as an essential resource for researchers and students in entrepreneurship, corporate strategy, technology management, and economic policy, as well as business leaders, investors, scientists, and policymakers with a stake in the dynamic, high-growth industry of biotechnology. Front Matter....Pages i-xiii Introduction to the Handbook of Bioentrepreneurship....Pages 1-6 Biotechnology Dynamics at the Global Scale....Pages 7-33 Geographic Clustering in Biotechnology: Social Networks and Firm Foundings....Pages 35-51 Innovation Networks in Biotechnology....Pages 53-82 Strategy and Strategic Thinking in Biotechnology Entrepreneurship....Pages 83-103 Research on Strategic Alliances in Biotechnology: An Assessment and Review....Pages 105-131 Mergers and Acquisitions in the Biotechnology Industry....Pages 133-148 Synergy, Strategy, and Serendipity: Kirin Brewery's Entry into Biopharmaceuticals....Pages 149-178 A Survey Review of University Biotechnology and Entrepreneurship Commercialization....Pages 179-191 University-Based Biotechnology Spin-Offs....Pages 193-210 Patenting Biotechnology....Pages 211-248 Legal Frameworks and Public Support in the Biotechnology Industry....Pages 249-274 Back Matter....Pages 275-294 Providing an important and timely overview of research on the exciting area of entrepreneurship in biotechnology, The Handbook of Bioentrepreneurship examines one of the most promising industries of the 21st century. While genetically engineered food and biopharmaceuticals have made biotechnology part of our everyday life, starting a bioventure is among the most complex and risky entrepreneurial tasks given long development cycles, high technological and market uncertainty, and high capital intensity. Providing unparalleled in-depth and detailed analysis, this Handbook sheds light on business models and strategies, financing, cooperation networks between firms and universities, among other issues. With new developments in biotechnology increasingly in the news, this is an important source for readers interested in public policy, entrepreneurship, and business in the 21st century.