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Biotech Companies in Italy: A Microeconomic Analysis

Author

Listed:
  • Piercarlo Frigero
  • Silvano Fumero
  • Giampaolo Vitali

Abstract

This paper studies the different kinds of business models within the biotech cluster in Italy. A balance sheet analysis of 88 biotech firms shows the main differences among them: according to the characteristics of the business model, some indexes are better than others in describing the structural characteristics of the biotech firms. As the research firms have a weak financial structure, a public policy supporting access to finance for high-tech firms is requested.

Suggested Citation

  • Piercarlo Frigero & Silvano Fumero & Giampaolo Vitali, 2007. "Biotech Companies in Italy: A Microeconomic Analysis," L'industria, Società editrice il Mulino, issue 1, pages 111-134.
    • Handle: RePEc:mul:j0hje1:doi:10.1430/24359:y:2007:i:1:p:111-134
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