New Link in Bioinformatics Services Value Chain: Position, Organization and Business Model

Mladen Čudanov, Gheorghe Săvoiu and Ondrej Jaško
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Mladen Čudanov: University of Belgrade, Faculty of Organizational Sciences, Serbia
Ondrej Jaško: University of Belgrade, Faculty of Organizational Sciences, Serbia

The AMFITEATRU ECONOMIC journal, 2012, vol. 14, issue Special No. 6, 680-697

Abstract: This paper presents development in the bioinformatics services industry value chain, based on cloud computing paradigm. As genome sequencing costs per Megabase exponentially drop, industry needs to adopt. Paper has two parts: theoretical analysis and practical example of Seven Bridges Genomics Company. We are focused on explaining organizational, business and financial aspects of new business model in bioinformatics services, rather than technical side of the problem. In the light of that we present twofold business model fit for core bioinformatics research and Information and Communication Technologie (ICT) support in the new environment, with higher level of capital utilization and better resistance to business risks.

Keywords: Bioinformatics; structure; organizational network; business model; cloud computing; genomics. (search for similar items in EconPapers)
JEL-codes: L22 L26 L86 L89 M10 M15 Z13 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:aes:amfeco:v:14:y:2012:i:special_no_6:p:680-697

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