… the factors explaining differential growth in biotechnology firms. It aims also to … firm performance.
The theoretical framework is based on competence, and evolutionary theories of the firm…

The biotechnology industry poses a particular challenge to analysis because its origins were
poorly understood or even noticed at the time. The purpose of this paper is to examine and …

… related to high growth rates of firms (Baldwin, 1999). We should normally expect these core
biotechnology firms to experience rapid growth. However, the development of these firms in …

… This study has shown that very different rates of growth experienced by biotechnology firms,
can be explained by a few variables, that are somehow related to strategy: choice of product …

… biotechnology firms has not produced rapid growth, but has preserved the existance of
survey firms … together with the overall small absolute number of new biotechnology firms, and …

… by all rapidly growing firms. As a result, there are concerns about start-up financing on growth
and … significantly to R&D capital formation and sales growth. Conversely, the contribution of …

… -sized high-tech firms. We examine this question in the context of Finnish biotechnology
industry by analyzing the survival of all dedicated biotechnology firms in the period of 1978–…

… on a survey of 64 biotechnology firms in the USA about their R&D … Most of the firms were
involved with commercial innovation in … There has been a rapid growth of new firms in this area …

… In industries populated by entrepreneurial high technology firms, the rapid development
of new products is a key determinant of success. Companies in industries such as …

… This section presents the rapid growth model. We distinguish between two types of firms,
those that experience a rapid growth over the period (at least 50%) and the others. Fast …