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| Tekijä: | McCutchen, W. Jr. Swamidass, P. |
| Otsikko: | Exploring larger biotech research firm strategies: projections from a comparison of small and larger firms |
| Lehti: | Technological Forecasting and Social Change
1996 : FEB, VOL. 51:2, p. 173-184 |
| Asiasana: | STRATEGY COMPANIES RESEARCH |
| Kieli: | eng |
| Tiivistelmä: | This is an exploratory study of larger biotech firms using insights from a head-to-head comparison of 49 small and 17 large U.S. biotech firms using archival data. The authors found small and large biotech firms to be significantly different from each other on R&D intensity and funding strategies. The findings are used to project and hypothesize about larger biotech firm growth strategies. Whereas R&D expenses in the small firms exceed total income by a wide margin, larger firms are able to cover most of their R&D expenses. |
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