Le sfide dell’impresa biotech (The challenges of the biotech company)
Keywords:economy and management of biotechnologies supply chain, technology ventures, entrepreneurship in the sciences, spin-off management
Purpose of the paper: This paper deals with the complexity of the entrepreneurial challenge of biotechnologies by adopting a business interpretation approach. It aims to explore its “industrial” characteristics in a supply chain perspective and to analyse its strategic evolutionary dynamics. In particular, the paper will focus on “sectoral” specifities that favour development paths which are more directed towards vertical integration solutions, i.e. sharing projects and partnerships. It provides policy propositions that are aimed at promoting the translation of the potential to make scientific discoveries into business activities.
Methodology: A conceptual analysis of the elements that characterize the foundational and “structural” dynamics of the biotechnologies supply chain has been adopted.
Findings: The analysis enabled the exploration of technological, economic and business peculiarities, as well as the evolutionary trajectories of the biotechnologies supply chain while focusing on the policies connected to the development of new business initiatives containing a high degree of technological innovation.
Research limits: The paper is the result of reflections founded on analyses and conceptualizations of recent literature about management of “science based” businesses. Such considerations could be integrated and “verified” with the help of more exhaustive and updated empirical analyses.
Practical implications: The present study could contribute to a better understanding of the “biotechnologies phenomenon” from the perspective of the management scholar and the business and public decision-maker.
Originality of the paper: This paper responds to the need for further cognitive inquiries into the biotechnologies sector from an economic and managerial standpoint.
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