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University-Industry Interactions: the Case of the UK Biotech Industry

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  • Helen Lawton Smith
  • Sharmistha Bagchi-Sen

Abstract

This paper's focus is on both the geography of entrepreneurship and on industry-collaborative links internationally, nationally and at the local level in the UK biotech industry, the world's second largest biotech industry. The paper reports on a pilot survey of the UK biotech industry. The survey has two goals: to understand the business goals of the firms and to examine the relative importance of local conditions to the business of biotech. Further evidence on these two themes comes from two studies of Oxfordshire, one of the UK's centres of biomedical science and biotechnology. The first is a survey of the county's biotech firms. The second, of academic spin-offs, demonstrates how the business of biotech in the UK is intimately tied to the national innovation system, which in turn is dependent upon highly localised elite science which in turn signals to world elites that the region is a hot-spot for innovation.

Suggested Citation

  • Helen Lawton Smith & Sharmistha Bagchi-Sen, 2006. "University-Industry Interactions: the Case of the UK Biotech Industry," Industry and Innovation, Taylor & Francis Journals, vol. 13(4), pages 371-392.
  • Handle: RePEc:taf:indinn:v:13:y:2006:i:4:p:371-392 DOI: 10.1080/13662710601032697
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    References listed on IDEAS

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    1. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and Sustainability of Competitive Advantage," Management Science, INFORMS, vol. 35(12), pages 1504-1511, December.
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    Cited by:

    1. Nola Hewitt-Dundas, 2013. "The role of proximity in university-business cooperation for innovation," The Journal of Technology Transfer, Springer, vol. 38(2), pages 93-115, April.
    2. Scandura, Alessandra, 2016. "University–industry collaboration and firms’ R&D effort," Research Policy, Elsevier, vol. 45(9), pages 1907-1922.
    3. repec:spr:intemj:v:13:y:2017:i:4:d:10.1007_s11365-017-0447-6 is not listed on IDEAS
    4. Oscarina Conceição & Ana Paula Faria, 2014. "Determinants of research-based spin-offs survival," NIPE Working Papers 21/2014, NIPE - Universidade do Minho.
    5. Alexander Ebner & Fabian Bocek, 2015. "Best Practices as to How to Support Investment in Intangible Assets," WWWforEurope Working Papers series 101, WWWforEurope.

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