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Determination of Critical Success Factors for the Development of Biotechnology Clusters (Paperback)
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Determination of Critical Success Factors for the Development of Biotechnology Clusters (Paperback)
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Total price: R787
Discovery Miles: 7 870
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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, comment: This
article examines the impact of various external factors on the
development of biotechnolgy clusters. To add a multinational
perspective biotechnolgy clusters from around the world are
examined. The article concludes with a theoretical framework that
integrates the discussed external factors., 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
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