Publications - Finland Sustainable Biotechnology Development - New Insights into Finland

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Biotechnology : National Activities - Finland



Sustainable Biotechnology Development - New Insights Into Finland

Raine Hermans and Martti Kulvik (eds.) The Resarch Institute of the Finnish Economy (ETLA) B217 Series Taloustieto Oy, Helsinki, 2006 (Published on February 27th, 2006; 329 pages, hardcover) ISBN 9516284337 - > Price: 46€ incl. postage (economy), obtain from orders@etla.fi

As indicated in the PREFACE:

The present book condenses the essence of ETLA's research project 'The biotechnology industry as part of the Finnish innovation system' financed by Tekes. The project has resulted thus far in eight journal articles reprinted in this book, a dissertation for the Helsinki University of Technology, a Master€s thesis for the Helsinki School of Economics, an edited book published in Finnish and about thirty discussion papers and other articles.

The rapid emergence of new science-based entrepreneurship related to biotechnology necessitates the evaluation of potential niches that the Finnish biotechnology sector could profitably focus on whilst developing products with commercial potential. Moreover, the competence base must be sufficiently large to generate the critical mass necessary for spawning successful products and services. This book looks at the preconditions for turning research into commercial products from the standpoint of the competence base underlying such a critical mass by:

• utilising international trade analysis to identify the most competitive biotechnology-based industrial clusters (Chapters 1 through 6),
• classifying the statements on the most significant threats and opportunities expressed by the biotechnology company leaders (Chapter 3),
• analysing the earnings potential of biotechnology related intellectual property rights (Chapter 4),
• comparing the financial sources and realised business activity of the biotechnology businesses by region within the country (Chapter 5),
• combining the results of the above discourses and applying them to the identified industrial clusters (Chapter 6).

Based on the analytical results and the international trade framework, this book provides important policy implications for both governmental bodies involved in innovation policy and start-up companies on their way to global markets.

Helsinki, 20 February, 2006
Sixten Korkman
ETLA, Managing Director

Background information The Research Institute of the Finnish Economy, ETLA, carries out research on economics, business and social policy as well as makes economic forecasts. ETLA's activities facilitate financial and economic policy decision making in the organizations sponsoring the Institute, Finnish companies and the entire economy.