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An emerging biomedical business in a low capitalised country

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  • Garri Raagmaa
  • Priit Tamm

Abstract

This paper focuses on the description of an emerging biomedical business in an old university town Tartu, Estonia. The case can be considered rather unique as far as new high‐tech industries are normally developed in rich regions with high human and venture capital. Firstly, we identify very basic theoretical and methodological principles for this study. We continue with a general statistical data analysis of biomedical business in Estonia and Tartu. Thirdly, we examine the local business environment. Finally, we follow the institutional set‐up of R&D support structures and the activities of universities in creating new spin‐off companies.

Suggested Citation

  • Garri Raagmaa & Priit Tamm, 2004. "An emerging biomedical business in a low capitalised country," European Planning Studies, Taylor & Francis Journals, vol. 12(7), pages 943-960, June.
    • Handle: RePEc:taf:eurpls:v:12:y:2004:i:7:p:943-960
    DOI: 10.1080/0965431042000267849
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    References listed on IDEAS

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    1. Charlie Karlsson, 2003. "Spatial ICT Clusters in Sweden ? An Empirical Method to Identify a Necessary Condition for Existence," ERSA conference papers ersa03p222, European Regional Science Association.
    2. Cooke, Philip, 2002. "Regional science policy and the growth of knowledge megacentres in bioscience clusters," ERSA conference papers ersa02p503, European Regional Science Association.
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    Cited by:

    1. Philip Cooke, 2010. "Global Bioregions: Knowledge Domains, Capabilities and Innovation System Networks," Chapters, in: Riccardo Viale & Henry Etzkowitz (ed.), The Capitalization of Knowledge, chapter 5, Edward Elgar Publishing.

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