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Emerging Business Models for Biotechnology Firms and Clusters: Policy Responses in Peripheral Regions of the EU

In: Multinationals, Clusters and Innovation

Author

Listed:
  • Ewen Peters
  • Stephen Young

Abstract

The aim of this chapter is to identify the emerging policy challenges1 facing the governments of peripheral regions in Europe where biotechnology has been targeted as a growth sector. Specifically, the research question is whether it is advisable or feasible for peripheral areas to target this sector, where financial demands and risks (but also potential returns) are high. In answering this question, the relevance of clusters and innovative milieux2 to the biotechnology sector is examined in the light of the new post-genomic business models that are emerging.

Suggested Citation

  • Ewen Peters & Stephen Young, 2006. "Emerging Business Models for Biotechnology Firms and Clusters: Policy Responses in Peripheral Regions of the EU," Palgrave Macmillan Books, in: Ana Teresa Tavares & Aurora Teixeira (ed.), Multinationals, Clusters and Innovation, chapter 8, pages 120-141, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62494-8_8
    DOI: 10.1057/9780230624948_8
    as

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