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Firm Heterogeneity in Biotech: Absorptive capacity, Strategies and Local-regional connections

Journal article
Authors Sharmistha Bagchi-Sen
H. Lawton Smith
Published in European Planning Studies
Volume 22
Issue 9
Pages 1783-1801
ISSN 0965-4313
Publication year 2014
Published at Department of Economy and Society, Innovation and Entrepreneurship (IIE)
Pages 1783-1801
Language en
Links dx.doi.org/10.1080/09654313.2013.80...
Keywords biotech, R&D,
Subject categories Economics and Business, Business Administration, Social and Economic Geography, Economic Geography, Technology and social change

Abstract

This paper focuses on the characteristics of biotech firms with various levels of research and development (R&D) activity. It is done by exploring the relationship between R&D intensity, alliances and the extent of regionalization of firms' activities using evidence from a survey of US-based biotechnology firms. We profile two firm prototypes: research-oriented firms and product-oriented firms, focusing on their characteristics, strategies and operations.

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