The purpose of this paper is to enhance understanding of the development of trust during commercial product development collaboration. It elaborates on a performance-based conception of trust by analyzing the history of cooperation between two biotechnology firms. The means and mechanisms of...

This paper analyses Finnish biotechnology policy and combines this with a look at the evolution of a university spin-off company's business models. It offers a rare grass-roots perspective on policy implementation and further develops the business model concept. Business models should be...