This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic entrepreneurship. Using unique data on NIH supported biomedical scientists, we trace the incidence of academic entrepreneurship through the SBIR program and examine the impact these...

Our article investigates the stock market reaction of the issuance of guidelines by the Office of Inspector General (OIG) to prod biotechnology manufacturers to strengthen self-regulation so as to efficiently monitor adherence to applicable statutes, regulations and program requirements in their...

Chemical process engineering is the critical link that transforms basic research discoveries into commercial reality. The role of chemical process engineering in marine biotechnology, as the technology of industrial exploitation of biochemical marine systems, is illustrated. The scientific...

The tendency for innovative industry to clusterspatially has been documented by scholarship; yet, questions are still raisedabout the role of government policy in cluster formation andsustainability. The authors focus on the emergence of the U.S. Capitolregion as an important biotech cluster in...

The relationship between intellectual property andsmall and medium-sized enterprises (SMEs) in the biotechnology industry isexamined.A study was designed to compare the experiences of biotechnologySMEs in the United Kingdom in their management of intellectual property,investigate the barriers to...

Patterns of corporate ownership, control, andownership-based incentives in new biotechnology firms are investigated, basedon a sample of 79 firms that were founded and went public in California between1974 and 1995. Results of demographic analysis of ownership, governance, and employeeincentive...

This study examines the effect that patenting of discoveries made by academic researchers has on pharmaceutical and biotechnological advances.Often, university researchers discover key findings about mechanisms underlying physiological function and disease states which are then used and marketed...

Studies strategic alliances between small and large North American biotechnology firms. A strategic alliance (SA) is defined as a short- or long-term collaboration between firms, involving partial or contractual ownership. The most common SA is between small and large firms: large firms have the...

An important element of an entrepreneurial firm's ability to create innovative capabilities is having access to a pool of talented employees. This article examines biotechnology clusters in Cambridge (UK) and Munich (Germany) to investigate to what degree macro-labor market institutions affect...

The goal of this research is to determine how the riskynature of biotechnology ventures influences the investment decision process ofventure capitalists (VCs). First, the method of this qualitative study isdescribed: between October 2003 and February 2004, questionnaires andinterviews were...