Sources of Bioentrepreneurship: The Cases of Germany and Japan

Posted: 9 Nov 2009

See all articles by Christian F. Muller

Christian F. Muller

affiliation not provided to SSRN

Cornelius Herstatt

Technical University Hamburg-Harburg (TUHH)

Takao Fujiwara

affiliation not provided to SSRN

Date Written: 2004

Abstract

This study starts from the premise that in thebiotechnology sector, entrepreneurial companies have been a major stimulus forthe development of the industry. It focuses on Japan and Germany and theirrecent involvement in the industry of biotechnology, looking at how contextfactors may have impacted sources of bioentrepreneurship. The research is of an exploratory, descriptive nature, and uses secondarydata (industry reports, scientific papers, news reports, and governmentpublications) as well as primary qualitative data (interviews withbioentrepreneurs and industry experts in Germany and Japan). First, the authorsoffer a comprehensive picture of the biotechnology sector; second, an overviewof the biotechnology industry in Japan and Germany is presented, followed by acomparison of the influences of some external factors on sources ofentrepreneurship in these countries. The findings suggest that there are different patterns for the sources ofbiotechnological entrepreneurship in the countries studied. In Germany, mostbiotechnology companies have been formed by individuals from researchinstitutions (universities and public laboratories); in Japan, large companiesplay an important role in the formation of biotechnology companies, being alsoinvolved in an industrial group as research sponsors, investors, or co-sponsorsin many start-ups established by university researchers. Recommendations aremade for future quantitative analyses and other research.(CBS)

Keywords: R&D expenditures, University-industry-government relations, Public research organizations, Large firms, Biotechnology industry, Economic impact, Economic growth, Host economies, Venture capital, Socioeconomic background, Industrial development, Colleges & universities

Suggested Citation

Muller, Christian F. and Herstatt, Cornelius and Fujiwara, Takao, Sources of Bioentrepreneurship: The Cases of Germany and Japan (2004). Journal of Small Business Management, Vol. 42, Issue 1, p. 93-101 2004. Available at SSRN: https://ssrn.com/abstract=1500929

Christian F. Muller (Contact Author)

affiliation not provided to SSRN

Cornelius Herstatt

Technical University Hamburg-Harburg (TUHH) ( email )

Hamburg, D-21071
Germany

Takao Fujiwara

affiliation not provided to SSRN

No Address Available

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