Business of Biotechnology. From the Bench to the Street by R. Ono

By R. Ono

The company of Biotechnology: From the Bench to the road sincerely addresses the main usually requested questions on cutting-edge aggressive outlook during this quickly advancing box. As a picture of present matters and possibilities in advertisement biotechnology, this quantity also will end up to be a reference software of lasting functional worth to entrepeneurs, managers, experts, and comparable provider companies

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In this, they operate in an additional plane to those of technocrats operating on Foster's S-curve. That plane is characterized as correlating what may to others may be unrelated social phenomena and as dominated by a future time orientation. Principal organizers use this perspective to identify windows of opportunity, and these become their central concept for rallying others to share the vision. It may well be that the clarity with which these entrepreneurs see their vision accounts for their reduced perception of risks associated with undertaking their venture.

But despite a drought of new products, Syntex still carried the faint aura of its early research vitality and of the era during which it first offered its shares to the public. Syntex embodied Wall Street's desire to believe in miracles. While the go-go years passed, the desire for go-go profits remained. The 1960s had been the longest sustained boom on Wall Street since the 1920s. More and more of the country's wealth had worked its way into stocks. Indeed, Wall Street brokerage firms grew so fast and so haphazardly that when the inevitable bust occurred in 1969, many firms simply went out of business, unable to handle the flood of orders.

Cohen, S. and Boyer, H. 1973. Construction of biological functional bacterial plasmids in vitro. Proc. Natl. Acad. Sei. A. 70:3240. Doerflinger, T. and Rifkin, J. 1987. Risk and reward: Venture capital and the making of America's great industries. New York: Random House. Florida, R. and Kenney, M. 1990. The Breakthrough Illusion: Corporate America's Failure to Move from Innovation to Mass Production. New York: Basic Books. Fortune, 1951. ' T h e Cortisone Shortage," May: 83. Fortune, 1951. "Mexican Hormones," May: 86.

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