An analysis of the critical role of public science in innovation: the case of biotechnology

Modes of organizing biomedical innovation in the UK and US and the role of integrative and relational capabilities

“…In NewTissueCo and SampaTech, for example, the choice of CEO with the 'right' scientific profile and track record with investors was critical. This credibility appears to be easier to establish in the US context and particularly in the Boston region (where our cases focused) where there is a strong history of successful biotechnology ventures and VC investment (McMillan et al, 2000). Whilst not stressed in research on innovation and networks, this dual orientation does resonate with research on how VC operates.…”

R&D networks and regional knowledge production: an agent-based simulation of the Austrian competence centres programme

“…They support the role of universities in applied research networks, not only as an important pool for highly skilled labour [26; 9, p. 2; 21, p. 40; 23, p. 957] but also as important partners for small and medium sized companies [32,28]. Tacit knowledge can generally be referred to as a prime reason for cooperation [18, p. 346].…”

The commercialisation of emerging energy technologies: the strategic alliances of high-technology entrepreneurial firms

“…Thus, access to new knowledge is vital and relationships with universities and other research organisations are instrumental, not only to develop the first technologies but also to maintain the competitive edge through time (McMillan et al, 2000;Witt and Zellner, 2007). In the particular case of research-based spin-offs, research conducted in universities is usually the source of the technological opportunity and the new firms tend to maintain close relationships with their parent organizations, in particular at the early stages (Mustar et al, 2006).…”