Reference : Towards a Typology of Business Models in the Biotechnology Industry
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Business & economic sciences : Strategy & innovation
Towards a Typology of Business Models in the Biotechnology Industry
Segers, Jean Pierre mailto [Université de Liège - ULiège > > > Doct. sc. éco. & gest. (sc. gestion - paysage)]
SSRN (Elsevier)
Sources of Innovation eJournal
[en] Biotechnology ; Open Innovation ; Business Models
[en] The purpose of this paper is to identify a selection of key business models - “typology” - applied in the biotechnology industry. The focus is on the differences between traditional/closed or stand-alone business models opposed to open or networked business models.
A number of illustrative case studies and good practices are presented to show that new biotechnology firms are gradually adopting a “best of both worlds” strategy, with both closed business models and open, networked models as a way for gaining access to the market, in close collaboration with large global pharmaceutical companies. The case firms and good practices are taken from a recent country study for Belgium.

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