Biotechnology R&D Races, Industry Structure, and Public and Private Sector Research Orientation

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This paper examines research and development (R&D) activity, industry structure, and public sector and private sector research orientations in two transgenic biotechnology races. Key results are: the number of R&D organizations follows a bell curve over time and universities seem to engage in R&D for smaller markets in which multinational firms do not compete.

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.