Clustering in the Biotechnology Industry

Stuart O. Schweitzer, Judith Connell and Fredrick P. Schoenberg

Chapter 9 in Health Policy and High-Tech Industrial Development, 2005 from Edward Elgar Publishing

Abstract: By weaving together the fields of health economics, industrial organisation and industrial development, this book describes the benefits of promoting a country’s health industry as a way of stimulating its high-technology industrial capacity. The authors illustrate that the development of a country’s health industry not only improves the country’s health status, but also promotes an industry with relatively stable, high-wage employment, creates the potential for exporting goods and services, and produces scientific spillovers that will favourably impact other high-technology industries.

Keywords: Economics and Finance; Social Policy and Sociology (search for similar items in EconPapers)
Date: 2005
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