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BOOK SUMMARY :

The development of biotechnology as an industry and the aspects that distinguish it from other new technologies are characterized the ability of economic theory to model the emergence of biotechnology is discussed in a chapter on the role of markets and institutions the stucture and interaction of academic institutions and industry is seen as having had a critical effect on the rate ofget this from a library the emergence of biotechnology institutions and markets in industrial innovation luigi orsenigo this book examines the early stages of the evolution of biotechnology and attempts to analyze how technological change proceeds in modern industrial economies future prospects and new possibilities this analysis contributes to the understanding of the role of basic science in generating breakthrough inventions in the pharmaceutical industry recognizing the within firm heterogeneity of inventive activities we look not only at the firm level but also at the firm technology level for characteristics determining breakthroughsabstract both the technological and market focus of 228 european biotechnology smes are analysed in this paper data from the genetic engineering catalogue provide a complementary representation compared to the patent publications that are most commonly usedorsenigo luigi the emergence of biotechnology institutions and markets in industrial innovation london 1989 135 42 wall street journal 24 mar 1995 b2 dibner biotechnology guide 30102 43 for an excellent discussion of upjohns entrance into biotechnology see williams et al biotechnology in the drug discovery process

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