French Ag-Biotech SMEs: Development Prospects

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French Ag-Biotech SMEs: Development Prospects

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[-] show simple item record Mangematin, V. Lemarié, Stéphane Catherine, David
dc.coverage.spatial France 2008-12-19T17:07:08Z 2008-12-19T17:07:08Z 2001
dc.identifier.citation AgBioForum, 4(2) 2001: 98-104. en
dc.identifier.issn 1522-936X
dc.description Includes bibliographical references. en
dc.description.abstract European policy to promote small- and medium-sized enterprise (SMEs) creation seems to be successful in France, judging by the high rate of new business formation. Yet French firms remain very small compared to United States (US) firms, employing less than 40 employees on average, as opposed to 140 in the US. This prompts the question of their future. Are all biotechnology SMEs destined to expand, disappear or be bought out? Or is there a place for small businesses that cater to a particular market niche? This paper argues that agbiotech SMEs do have a specific trajectory that will allow them to continue to exist, at least in the medium term. However, they will continue to have a low potential for growth because (1)they are older and more mature than other biotech SMEs and yet remain small; and (2) they currently face a difficult venture capital market because of the uncertainty surrounding investment in agbiotech within Europe. en
dc.language.iso en_US en
dc.publisher AgBioForum en
dc.subject small and medium sized enterprise (SME) en
dc.subject growth en
dc.subject.lcsh Biotechnology industries en
dc.subject.lcsh Small business en
dc.title French Ag-Biotech SMEs: Development Prospects en
dc.type Article en
dc.relation.ispartofcommunity University of Missouri-Columbia. College of Agriculture, Food and Natural Resources. Division of Applied Social Sciences. Department of Agricultural Economics. Economics and Management of Agrobiotechnology Center. AgBioForum (Journal)
dc.relation.ispartofcollection AgBioForum, vol. 4, no. 2 (2001)

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