Download or read book The Design Factors for a New Zealand Biotechnology Cluster written by Pooja Bharamappa and published by . This book was released on 2018 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bay Area biotech cluster, San Diego Biotech and Biovalley are familiar to a majority of the population – even those individuals who are not experts in the field can recall the successes of these communities. All three cases have humble beginnings and over the decades, have created local job opportunities and new business formation ultimately resulting in economic growth. New Zealand biotechnology has world-class potential, ranking number four in overall biotechnology potential according to the Scientific Worldview and outcompeting its Australian counterpart ranked at number five. However, New Zealand's biotech performance still lags behind the city of Melbourne, a city that is usually compared with Auckland due to the similarity in size. ASX-listed biotechnology companies are always valued much higher and are greater in number. How can New Zealand use its potential to increase biotechnology output? This study explores the possibility of implementing a cluster strategy for the New Zealand biotechnology industry. A qualitative exploratory methodology was used to explore the design factors for a NZ biotech cluster. This methodology was appropriate since it is a new mode of inquiry that has previously not been investigated. A conceptual framework was developed from the literature review resulting in three design factors to be considered: specialised or diversified cluster, geographical and relational proximity and cluster formation considerations. Primary findings gathered the perspectives of twelve biotechnology industry members through semi-structured interviews. Secondary findings gathered international cluster examples and critical factors for cluster formation in NZ to support the primary findings. Overall, participants leaned towards a diversified cluster which was in contrast with secondary findings, and a desire for international integration. They also discussed current strengths of the industry in line with critical factors for cluster formation, weaknesses of policy initiatives and how best to engage the private sector in the vision. These three sources of information converged to form important discussions on how such a strategy would apply in the New Zealand biotechnology context, resulting in six recommended design factors: 1) a strategy in favour of specialised clusters, 2) the use of virtual communications for international integration, 3) investing in absorptive capacity, 4) developing strong cluster branding, 5) engaging the private sector as the leader and 6) encouraging the public sector to create initiatives that strive for quality, increased specificity and long-term thinking.
Download or read book Addressing Geographic Isolation written by Ileshaa Makan and published by . This book was released on 2018 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The life sciences provide growth potential for small economies, and are consequently a priority for the New Zealand Government. While a small domestic market means firms must internationalise in order to survive, New Zealand’s geographic isolation presents barriers to engaging with the global life science industry. To overcome disadvantages of size and distance, New Zealand life science firms are encouraged to attend specialised international industry events. However, evaluating the effectiveness of such participation is difficult. While the traditional marketing trade show literature offers some insight, the focus is on sales efficiency rather than the less tangible benefits of knowledge flows and relationship building. Furthermore, it focuses on large firms and economies in the northern hemisphere. The geographic economics literature offers a more contemporary view. International industry events (e.g. conventions, conferences, and tradeshows) are proposed as ‘temporary clusters’, bringing geographically dispersed firms together for short periods of time. While these interactions have been suggested to support relationship and network development, the effects on internationalisation are not addressed. Overall, there is a lack of integration between the streams of literature. This thesis integrates the marketing and geographic economics literature in order to increase insight into network formation and knowledge exchange at industry events, and hence internationalisation. It draws on both literatures to inform research into the benefits of attending large, specialised industry trade shows for firms located in small, isolated economies. A case study of attendance at BIO2016 and 2017 in the US drew on interviews with eight key decision makers in New Zealand biotechnology companies. The interviews were supported by participant observation within the biotechnology industry, conversations with members of a government industry support organisation, analysis of that organisation’s database pertinent to industry event attendance, and conversations with expert informants from the New Zealand innovation ecosystem. Finally, secondary data analysis provided context from publicly available sources. A new conceptual framework identified two antecedents driving determinant factors for industry event outcomes: firm objectives, and firm representative skills and traits. Four traits characterised an ideal attendee: (1) Confidence and independence, (2) extroversion and energy, (3) persistence and focus (4) effective interpersonal and communication skills. Three sets of factors determined quality of returns on participation: (1) Pre-event (preparation education, pre-event promotion and contact), (2) during event (seminar attendance, social events, one-on-one partnering meetings, walking the exhibition hall floor, serendipitous events) and (3) post-event (follow-up, reflection and evaluation) activities. The determinant factors drove the quality of three outcomes: (1) Image building, (2) information acquisition, and (3) relationship development, which in turn supported internationalisation. None of these outcomes could have been achieved without in-person attendance at the industry event. Overall, the study found that effective participation in temporary clusters was a crucial element in the internationalisation process of firms from small, isolated economies.
Download or read book Consideration Factors for Developing Successful New Biotechnology Firms in New Zealand written by Diksha Prasad and published by . This book was released on 2015 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: New biotechnology firms (NBFs) are fundamental to improving New Zealand's economic productivity. However, research has found that relatively few biotechnology firms survive long enough to make significant returns to the economy. Therefore it is imperative to explore the dynamics that affect firm development and growth particularly within the New Zealand context. There is also a need to conduct empirical research specifically at the firm level as much of the empirical research concentrates on broader industry level perspective. This thesis therefore aims to identify factors that NBFs should take into consideration to optimise firm survival and performance. This aim is accomplished by exploring the internal and external challenges that are perceived to impact firm growth and development. A multiple case study research design using semi-structured interviews and secondary data was used to identify these challenges within three New Zealand based biotechnology firms. Semi-structured interviews were conducted with top-level personnel each of whom had first-hand experience of firm development. Secondary data was also collected from company websites, market reports, industry reports, and prominent online new articles. The two sources of data were then triangulated to gain a broader perspective of the challenges at hand. The results indicate that the foremost internal challenges were related to skills and capabilities of the leader or chief executive officer (CEO) in guiding the development of the firm. The ability to harmonise science and business agendas, and integrating teamwork and human capabilities effectively to execute development milestones was another issue. Among other challenges identified were the absence of resource management strategies and risk management tools. Additionally, the external challenges identified suggest New Zealand may be difficult place to develop and grow biotechnology firms. The results lead to recommendations that may enable NBFs to identify strengths and weaknesses in their business strategies and implement measures to ensure effective execution of firm development activities.
Download or read book Small Business Clustering Technologies Applications in Marketing Management IT and Economics written by MacGregor, Robert and published by IGI Global. This book was released on 2006-09-30 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the development and role of small business clusters from a variety of disciplines - economics, marketing, management, and information systems. This book aims to prove that there is an approach suggesting that cluster analysis is truly interdisciplinary. It gives case studies illustrating the variety of clusters throughout the world.
Download or read book The Life Cycle of Clusters written by Dirk Fornahl and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: One-size-fits-all cluster policies have been rightly criticized in the literature. One promising approach is to focus cluster policies on the specific needs of firms depending on the stage of development (emergence, growth, sustainment or decline) their cluster is in. In this highly insightful book, these stage-specific cluster policies are analysed and evaluated. Moreover, several chapters also focus on smart specialization policies to promote regional development by taking into account the emergence and adaptation of clusters and industries.
Download or read book New Zealand Biotechnology Strategy written by New Zealand. Ministry of Research, Science, and Technology and published by . This book was released on 2003-01-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Critical Success Factors of Cluster Development in New Zealand written by James Michael Elvy and published by . This book was released on 2001 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Limiting Factors for Primary Production written by and published by . This book was released on 2005 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Innovation in Global Industries written by National Research Council and published by National Academies Press. This book was released on 2008-05-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate over offshoring of production, transfer of technological capabilities, and potential loss of U.S. competitiveness is a long-running one. Prevailing thinking is that "the world is flat"â€"that is, innovative capacity is spreading uniformly; as new centers of manufacturing emerge, research and development and new product development follow. Innovation in Global Industries challenges this thinking. The book, a collection of individually authored studies, examines in detail structural changes in the innovation process in 10 service as well as manufacturing industries: personal computers; semiconductors; flat-panel displays; software; lighting; biotechnology; pharmaceuticals; financial services; logistics; and venture capital. There is no doubt that overall there has been an acceleration in global sourcing of innovation and an emergence of new locations of research capacity and advanced technical skills, but the patterns are highly variable. Many industries and some firms in nearly all industries retain leading-edge capacity in the United States. However, the book concludes that is no reason for complacency about the future outlook. Innovation deserves more emphasis in firm performance measures and more sustained support in public policy. Innovation in Global Industries will be of special interest to business people and government policy makers as well as professors, students, and other researchers of economics, management, international affairs, and political science.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2000 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intelligent Human Systems Integration 2023 written by Tareq Ahram, Waldemar Karwowski, Pepetto Di Bucchianico, Redha Taiar, Luca Casarotto and Pietro Costa and published by AHFE Conference. This book was released on 2023-02-22 with total page 976 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings of the 6th International Conference on Intelligent Human Systems Integration (IHSI 2023): Integrating People and Intelligent Systems, February 22–24, 2023, Venice, Italy
Download or read book The Engineering Index Bioengineering and Biotechnology Abstracts written by and published by . This book was released on 1990 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Logistics Clusters written by Yossi Sheffi and published by MIT Press. This book was released on 2012-09-14 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: How logistics clusters can create jobs while providing companies with competitive advantage. Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Why does the tiny island-nation of Singapore handle a fifth of the world's maritime containers and half the world's annual supply of crude oil? Which jobs can replace lost manufacturing jobs in advanced economies? Some of the answers to these questions are rooted in the phenomenon of logistics clusters—geographically concentrated sets of logistics-related business activities. In this book, supply chain management expert Yossi Sheffi explains why Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and scores of other locations have been successful in developing such clusters while others have not. Sheffi outlines the characteristic “positive feedback loop” of logistics clusters development and what differentiates them from other industrial clusters; how logistics clusters “add value” by generating other industrial activities; why firms should locate their distribution and value-added activities in logistics clusters; and the proper role of government support, in the form of investment, regulation, and trade policy. Sheffi also argues for the most important advantage offered by logistics clusters in today's recession-plagued economy: jobs, many of them open to low-skilled workers, that are concentrated locally and not “offshorable.” These logistics clusters offer what is rare in today's economy: authentic success stories. For this reason, numerous regional and central governments as well as scores of real estate developers are investing in the development of such clusters. View a trailer for the book at: http://techtv.mit.edu/videos/22284-logistics-clusters-yossi-sheffi
Download or read book Scientific and Technical Aerospace Reports written by and published by . This book was released on 1988 with total page 1008 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Business of Healthcare Innovation written by Lawton R. Burns and published by Cambridge University Press. This book was released on 2005-08-25 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first wide-ranging analysis of business trends in the manufacturing segment of the health care industry.
Download or read book The Cluster Initiative Greenbook written by Örjan Sölvell and published by . This book was released on 2003 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Popular Mechanics written by and published by . This book was released on 2000-01 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Mechanics inspires, instructs and influences readers to help them master the modern world. Whether it’s practical DIY home-improvement tips, gadgets and digital technology, information on the newest cars or the latest breakthroughs in science -- PM is the ultimate guide to our high-tech lifestyle.
