Lazonick, William; Tulum, Öner - In: Research Policy 40 (2011) 9, pp. 1170-1187
In the decade before the 2008 economic crisis, the US biotechnology industry was booming. In a 2006 book, Science Business: The Promise, the Reality, and the Future of Biotech, Gary Pisano implies that, given the 10–20 year time-frame for developing biotech products and the lack of...
