Entrepreneurship in Biotechnology : Managing for Growth from Start-Up to Initial Public Offering /

Research and development of novel medicines for human therapy commonly takes over a decade before significant revenues from sales are forthcoming. How can biotechnology companies be founded and grow successfully in an industry with such extended innovation processes? The book investigates this probl...

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Bibliographic Details
Main Author: Grossmann, Martin
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Heidelberg : Physica-Verlag HD : Imprint : Physica, 2003.
Series:Contributions to management science.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Research and development of novel medicines for human therapy commonly takes over a decade before significant revenues from sales are forthcoming. How can biotechnology companies be founded and grow successfully in an industry with such extended innovation processes? The book investigates this problem and distinguishes three growth phases: From incorporation and start-up through collaborative R & D with large pharmaceutical firms to value creation from R & D pipelines to Public Offerings and product marketing. In this book a dynamic simulation model for testing different decision-making strategies is developed. For each phase the author identifies decision rules that provide for successful corporate growth.
Item Description:Electronic resource.
Physical Description:1 online resource (xvi, 323 pages 95 illustrations)
ISBN:9783642574320 (electronic bk.)
3642574327 (electronic bk.)
ISSN:1431-1941