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The Birth of German Biotechnology Industry: Did Venture Capital run the Show?
Heneric, Oliver; Engel, Dirk; Champenois, Claire - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004
The goal of this paper is to point out the role played by private equity investors (venture-capital companies and corporate investors) in the emergence of a new biotechnology industry in Germany in the second half of the 90?s. This analysis takes into account the different business models and...
Persistent link: https://www.econbiz.de/10005097518
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Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry
Fier, Andreas; Heneric, Oliver - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been implemented to establish a flourish biotech industry in Germany. We assume that R&D policy...
Persistent link: https://www.econbiz.de/10005097735
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Young, open and international: the impact of search strategies on the internationalization of new ventures
Zimmermann, Jörg; Grimpe, Christoph; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009
internationalization process. We contribute to this research stream by establishing theoretical links with the emerging open innovation … with regard to the effect of open innovation strategies on internationalization performance. Our results show that both the …
Persistent link: https://www.econbiz.de/10005098125
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Exploring the relationship between scientist human capital and firm performance: The case of biomedical academic entrepreneurs in the SBIR program
Czarnitzki, Dirk; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an …
Persistent link: https://www.econbiz.de/10005097877
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Internationalizing R&D Co-opetition: Dress for the Dance with the Devil
Schmiele, Anja; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
Competitors can be valuable sources and partners for innovation activities. Against the background of international …
Persistent link: https://www.econbiz.de/10005097905
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Innovation Activities Abroad and the Effects of Liability of Foreignness: Where it Hurts
Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10005098242