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Entrepreneurship in biotechnology: The case of four start-ups in the Upper-Rhine Biovalley

Author

Listed:
  • Antoine Bureth
  • Julien Pénin
  • Sandrine Wolff

Abstract

This paper explores entrepreneurship in biotech through the in depth analysis of four new ventures located in the Upper-Rhine Biovalley. One of the strengths of this paper is the presence of both successful cases of entrepreneurship and of cases of failures. This gives the opportunity to discuss the role of several factors on the performance of a new biotech venture. Three points particularly comes out of this study: The importance of public science, without which new biotech firms could hardly exist; the role of the patent system, the importance of which we link to the business model adopted by the firm; and the importance of collaborations, which we study through the concept of distributed entrepreneurship.

Suggested Citation

  • Antoine Bureth & Julien Pénin & Sandrine Wolff, 2006. "Entrepreneurship in biotechnology: The case of four start-ups in the Upper-Rhine Biovalley," Working Papers of BETA 2006-21, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  • Handle: RePEc:ulp:sbbeta:2006-21
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    File URL: http://www.beta-umr7522.fr/productions/publications/2006/2006-21.pdf
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    Cited by:

    1. Thierry BURGER-HELMCHEN, 2008. "Plural-entrepreneurial activity for a single start-up: a case study," Working Papers of BETA 2008-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Pénin, Julien & Wack, Jean-Pierre, 2008. "Research tool patents and free-libre biotechnology: A suggested unified framework," Research Policy, Elsevier, vol. 37(10), pages 1909-1921, December.
    3. Clark Derek J & Pereau Jean-Christophe, 2008. "Passing the Buck in Sequential Negotiation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-18, December.

    More about this item

    Keywords

    Intellectual property rights; patents; science; distributed entrepreneurship; collective invention.;

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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