Biotech Companies in Italy: A Microeconomic Analysis

Piercarlo Frigero, Silvano Fumero and Giampaolo Vitali

L'industria, 2007, issue 1, 111-134

Abstract: This paper studies the different kinds of business models within the biotech cluster in Italy. A balance sheet analysis of 88 biotech firms shows the main differences among them: according to the characteristics of the business model, some indexes are better than others in describing the structural characteristics of the biotech firms. As the research firms have a weak financial structure, a public policy supporting access to finance for high-tech firms is requested.

Keywords: Biotechnology; Balance Sheet; Industrial Policy (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/24359:y:2007:i:1:p:111-134

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