In this thought-provoking book, leading experts explore why international entrepreneurship is important to the life sciences industry. From multi-disciplinary and cross-national perspectives, they question why international entrepreneurship scholars might usefully invest interest in research focused on one specific industry context. The book addresses contemporary challenges of relevance to life science firms and draws on leading-edge debates in international entrepreneurship research. Topics include: the nature of the born-global firm; the development of international capabilities and competencies; the role of local and international partnerships and alliances; competitiveness, opportunity recognition and orientation; and the role of specialised complementary assets in internationalization. It concludes by proposing an agenda for future research across the underpinning fields of innovation, entrepreneurship and internationalization.
This book will prove a stimulating read for academics, students and researchers with an interest in international business, management and entrepreneurship, as well as for practitioners in the health professions or life sciences academics who are, or may become, entrepreneurs.
Contents: Introduction: International Entrepreneurship in the Life Sciences Marian V. Jones, Colin Wheeler and Pavlos Dimitratos PART I: NEW VENTURE ATTRIBUTES AND DEVELOPMENT CAPABILITIES 2. Assessing the Internationalization Capabilities of Life Science New Ventures Marian V. Jones, Colin Wheeler, Pavlos Dimitratos and George Vlachos 3. Differences in the Strategic Orientations of Nordic and US-based Young Biotechnology Ventures Maija Renko 4. Small Pharmaceutical Firms Building Capabilities to Compete Along the Global Research and Development Pipeline Lisette Pregelj, Martie-Louise Verreynne and Damian Hine PART II: THE ROLE AND ESTABLISHMENT OF PARTNERSHIPS 5. Partnership Formation in Small Biotech Companies Niina Nummela and Outi Nurminen 6. Collaborative Entrepreneurship and Internationalization in Life Sciences: Global Growth through Collaboration in Italian Biotech Firms Antonella Zucchella and Diala Kabbara 7. Alliance-driven Governance in the Scottish Life Sciences and its Contribution to Regional Development Kean Birch and Andrew Cumbers PART III: DEVELOPING CAPABILITIES AND COMPETENCIES FOR INTERNATIONALIZATION 8. Sub-suppliers in the Life Science Industry: The Case of Two Danish University Spin-offs Erik S. Rasmussen, Martin Hannibal, Rene Lydiksen and Per Servais 9. Rapid Internationalization and Sustained Competitive Advantage in US and UK Life Science International New Ventures: A Resource-based View Karl Warner and Jon Carrick 10. Intellectual Property Protection: The Case of Three Swiss Life Science SMEs Marcus Matthias Keupp, Sascha Friesike and Oliver Gassmann PART IV: GROWTH, PERFORMANCE AND INTERNATIONALIZATION 11. Performance Trade-offs: Success, Revenue and Profitability Colin Wheeler, Marian V. Jones, George Vlachos and Pavlos Dimitratos 12. Internationalization of Life Science Firms: Dynamics in the Interaction between Networks, Innovation and Export Performance Vandana Ujjual 13. Firm Growth and Performance in Biotechnology: Financial Facts or Wishful Thinking? Malin Brannback, Alan L. Carsrud and Niklas Kiviluoto 14. A Model of Decision-making Processes in Internationalized Life Science Firms Pavlos Dimitratos, Marian V. Jones and Colin Wheeler 15. Towards a Research Agenda for International Entrepreneurship in the Life Sciences Marian V. Jones, Colin Wheeler and Pavlos Dimitratos References Index
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