The local academic science base plays a dominant role in determining where and when biotechnology is adopted by … pharmaceutical business -- biotechnology's most important application -- the performance enhancement associated with this … biotechnology, with the latter playing a somewhat larger role. De nova entry was determined similarly as if entry and organizational …

operate as well as concentration in the agricultural biotechnology industry also emerged due to intellectual property rights …

. Here we explore the importance within the biotechnology industry of the non-financial metrics firms used to convey value … was a change over time in the importance of various metrics in determining the value of a biotechnology firm. We find that … value. Our results also suggest that the biotechnology regime changed and the Nobel Prize lost its luster as a signal of …

North American Industry Classification System (NAICS) as biotechnology firms to estimate several Fama-French three factor …In the current study we find that biotechnology firms are exposed to greater financial risk than other industries and … capital over the 1982-2005 time period were 16.25 percent for biotechnology firms. Of course, these average estimates obscure …

We analyze how variations in contractibility affect the design of contracts in the context of biotechnology research … agreements. A major concern of firms financing biotechnology research is that the R&D firms might use the funding to subsidize … maintaining broad property rights to the terminated project. The option right induces the biotechnology firm researchers not to …