The evolution of R&D networking in the biotech industries
Andreas Pyka and
Pier Paolo Saviotti
International Journal of Entrepreneurship and Innovation Management, 2005, vol. 5, issue 1/2, 49-68
Abstract:
The paper deals with the evolution of R&D networks in the biopharmaceutical industries. For this purpose, an agent-based-computational model towards evolutionary economics is developed which is able to generate results which closely correspond to developments in the real world. With this approach, the permanent nature of R&D networks in the industrial organisation of innovation processes in this increasingly important industry as well as the coexistence of large diversified firms and dedicated biotechnology firms, can be explained.
Keywords: biotech industries; evolutionary economics; R&D networks; simulation; biopharmaceutical industries; research and development; agent-based systems; multi-agent systems; innovation networks; biotechnology; collaboration. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeima:v:5:y:2005:i:1/2:p:49-68
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