Start-up creation in biotechnology: lessons from the case of four new ventures in the upper rhine biovalley

Antoine Bureth (), Julien Pénin () and Sandrine Wolff ()
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Antoine Bureth: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
Julien Pénin: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
Sandrine Wolff: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper explores start-up creation in biotech through an in-depth analysis of four new ventures located in the Upper Rhine Biovalley. This analysis helps us discuss the role of several factors in the performance of a new biotech firm. The study specifically outlines three elements, namely: the importance of public science, without which new biotech firms cannot exist; the role of the patent system, which impacts the business model adopted by the firm; and the importance of collaborations, which we study through the concept of distributed entrepreneurship.

Keywords: Intellectual property rights; Patents; Science; Distributed entrepreneurship; Collective invention (search for similar items in EconPapers)
Date: 2010-04
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Published in International Journal of Innovation Management, 2010, 14 (02), pp.253-283. ⟨10.1142/S1363919610002635⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04051469

DOI: 10.1142/S1363919610002635

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