Entrepreneurship in biotechnology: The case of four start-ups in the Upper-Rhine Biovalley

Antoine Bureth, Julien Pénin () and Sandrine Wolff

Working Papers of BETA from Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg

Abstract: This paper explores entrepreneurship in biotech through the in depth analysis of four new ventures located in the Upper-Rhine Biovalley. One of the strengths of this paper is the presence of both successful cases of entrepreneurship and of cases of failures. This gives the opportunity to discuss the role of several factors on the performance of a new biotech venture. Three points particularly comes out of this study: The importance of public science, without which new biotech firms could hardly exist; the role of the patent system, the importance of which we link to 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)
JEL-codes: D2 O3 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-ent, nep-his, nep-ino and nep-tid
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ulp:sbbeta:2006-21

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