Alternate Signs of Life: The Growth of Biotechnology Industries in Shanghai and Bangalore
Document Type
Article
Publication Date
5-1-2011
Department
Economic and Workforce Development
Abstract
This paper explores the emergence of biotechnology centers in Shanghai and Bangalore by comparing their development to best practices in the literature for biotechnology cluster growth and development. Interviews with over fifty biotech companies and related institutions in China and India indicate that these regions are developing alternate models of low cost manufacturing and services that build on the current local base of knowledge and expertise. The ability to convert research into successful commercial activity was identified in both regions. The strong research capacity, private sector funding, and entrepreneurial environment deemed critical best practices were limited. New growth theory is used to explain these alternate approaches to technological and social change. (C) 2010 Elsevier Inc. All rights reserved.
Publication Title
Technological Forecasting and Social Change
Volume
78
Issue
4
First Page
565
Last Page
574
Recommended Citation
Miller, C. R.,
Richard, B.,
Arora, S.
(2011). Alternate Signs of Life: The Growth of Biotechnology Industries in Shanghai and Bangalore. Technological Forecasting and Social Change, 78(4), 565-574.
Available at: https://aquila.usm.edu/fac_pubs/510