Partnerships in the European Biotechnology Industry
Biotechnology is recognized throughout many European regions as a technology which could bring much needed economic growth and prosperity, and the small firm sector has been identified as one of the key mechanisms for supporting the future growth and development of European biotechnology. Yet, despite the plethora of initiatives introduced during the last decade to promote links between the research base and industry and to support the small firm sector, the biotechnology small firm sector has not grown at the rate forecast at the beginning of the decade. This article reports on the findings from a survey of the European biotechnology small firm sector and Regional Technology Advisory Centres and shows that current policies are not meeting the needs of this high-tech industry. A number of fundamental criteria have been identified which need to be considered in the development of any regional development policy which includes a biotechnology component.