Abstract
In this article we will describe the emergence of a great number of small, regionally concentrated, innovative biotech companies. We see these organizations as “hosts” of concepts and ideas, greatly influencing their spreading over the sector. We have chosen an evolutionary perspective following individual companies in their struggle for survival, describing it as “obtaining food” and “fooling predators.” This struggle gives insight in the behavior of the biotech companies and related institutions as a “system of innovation.” One of our findings is that the variety of biotech companies is conditioned by their selection environment, but that this selection environment allows great variety and even encourage variety by keeping the companies small.
Similar content being viewed by others
References
Dawkins, R. (1978), The Selfish Gene, Oxford: Oxford University Press.
De Bruijn, J. A., van der Voort, H. G, Dicke, W. M., de Jong, W. M, and Veeneman, W. W. (2004), Creating System Innovation; How Large Scale Transitions Emerge, Swets & Zeitlinger, Hillegom.
Freeman, C. (1995), “The national system of innovation in historical perspective,” Cambridge Journal of Economics, Vol. 19, 5–24.
Howells, J. (1999), “Regional systems of innovation,” in Archibugi, D., Howells, J., and Michie, J. (eds.), Innovation Policy in a Global Economy, Cambridge UK: University Press.
Jackson, B. A. (2003), “Innovation and intellectual property: The case of genomic patenting,” in Journal of Policy Analysis and Management, Vol. 22(1), 5–25.
Lundvall. (1999), “Technology policy in the learning economy,” in Archibugi, D., Howells, J., and Michie, J. (eds.), Innovation Policy in a Global Economy, University Press Cambridge UK.
Ridley, M. (1999), Genome, The Autobiography of a Species in 23 Chapters, London: Forth Estate.
Robbins-Roth, C. (2000), From Alchemy to IPO: The Business of Biotechnology, Cambridge, MA: Perseus Publishing.
Wolff, G. (2001), The Biotech Investors Bible, New York: John Wiley and Sons.
Additional information
Haiko Van der Voort is a research associate who lectures and publishes in a wide range of issues including precess management and system innovations.
Martin De Jong is associate professor of public management.
Rights and permissions
About this article
Cite this article
Van der Voort, H., De Jong, M. The boston bio-bang: The emergence of a “Regional system of innovation”. Know Techn Pol 16, 46–60 (2004). https://doi.org/10.1007/s12130-004-1014-3
Issue Date:
DOI: https://doi.org/10.1007/s12130-004-1014-3