Managers of biotechnology companies face great technological and market risks in making investment decisions … of the highly uncertain environment surrounding biotechnology projects. More recently, there is an increasing interest in … on insights derived from interviews with European biotechnology investors and managers, this study provides an overview …

. Biotechnology provides one of the best examples. In biotechnology cases, the Federal Circuit has repeatedly held that uncertainty in …. We fear, however, that the Federal Circuit has not applied that standard properly in biotechnology. The court has a … static perception of the field that was set in its initial analyses of biotechnology inventions, but which does not reflect …

risk and uncertainty. All essays are novel contributions and based on the experimental economics method. In some of the …