Business/Investing Science Business: The Promise, the Reality, and the Future of Biotech (1591398401)

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Author: Gary P. Pisano
Publisher: Harvard Business School Press
Publish Date: November 14, 2006
ISBN: 1591398401
Pages: 237

Why has the biotechnology industry failed to perform up to expectations—despite all its promise? In Science Business, Gary P. Pisano answers this question by providing an incisive critique of the industry. Pisano not only reveals the underlying causes of biotech’s problems; he offers the most sophisticated analysis yet on how the industry works. And he provides clear prescriptions for companies, investors, and policymakers seeking ways to improve the industry’s performance. According to Pisano, the biotech industry’s problems stem from its special character as a science-based business. This character poses three unique business challenges: 1) how to finance highly risky investments under profound uncertainty and long time horizons for R&D, 2) how to learn rapidly enough to keep pace with advances in drug science knowledge, and 3) how to integrate capabilities across a broad spectrum of scientific and technological knowledge bases. The key to fixing the industry? Business models, organizational structures, and financing arrangements that place greater emphasis on integration and long-term learning over shorter-term "monetization" of intellectual property. Pisano maintains that all industry players—biotech firms, investors, universities, pharmaceutical companies, government regulators—can play a role in righting the industry. The payoff? Valuable improvements in health care, and a shinier future for human well-being.

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	Science/Engineering The Biotech Age: The Business of Biotech and How to Profit From It Richard L. Oliver, ?The Biotech Age: The Business of Biotech and How to Profit From It?McGraw-Hill, 2nd Edition \| ISBN: 0071414894 \| March 2003 \| 256 Pages \| PDF \| 2,8 MbA look at the forefront of an industry revolution ""I've been deep in ...
	Business/Investing The Coming Biotech Age: The Business of Bio-Materials Richard W. Oliver, "The Coming Biotech Age: The Business of Bio-Materials"Publisher: McGraw-Hill Companies \| 1999-11-26 \| ISBN 0071350209 \| PDF \| 266 pages \| 2 MBThe age of Biotech is dawning, says BusinessWeek. Here's how companies will be ...
	Science/Engineering The Promise and Reality of Computers in Our Schools The Technology Fix: "The Promise and Reality of Computers in Our Schools" Publisher: Association for Supervision and Curriculum Development \| ISBN: 0871208423 \| PDF \| 1 MBDuring the technology boom of the 1980s and 1990s, computers seem ...
	Science/Engineering The Future of the Brain: The Promise and Perils of Tomorrow's Neuroscience Steven Rose, "The Future of the Brain: The Promise and Perils of Tomorrow's Neuroscience"Oxford University Press, USA \| 2005-04-01 \| ISBN: 0195154207, 019530893X \| 352 pages \| PDF \| 2,3 MBBrain repair, smart pills, mind-reading machines ...
	Artificial Intelligence and Software Engineering: Understanding the Promise of the Future by Derek Partridge Artificial Intelligence and Software Engineering: Understanding the Promise of the Future by Derek Partridge Publisher: Lessons Professional Publishing (January 2000) \| ISBN: 1888998369 \| PDF \| 2,6 Mb \| 368 pages The computer is a surpris ...
	Artificial Intelligence and Software Engineering Understanding the Promise of the Future ISBN: 0814404413\|Title: Artificial Intelligence and Software Engineering: Understanding the Promise of the FutureS\|Author: Derek Partridge\|Publisher: Glenlake Publishing Company, Limited, the\|Publication Date: 1998-04\|Number Of Pages: 274\|S ...

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