journal article
LitStream Collection
Sources, development and uses of innovation in modern biotechnology
Renko, Maija ; Brannback, Malin ; Carsrud, Alan
2008 International Journal of Technoentrepreneurship
This research examines the innovation process that includes sources, development, and uses of innovation in the field of modern biotechnology. Based on the existing literature and primary qualitative data collected from 39 young, small American biotechnology firms, we show how biotechnology innovations constantly cross boundaries of traditionally separate industries. We suggest that biotechnology managers' understanding of innovation processes would benefit from paying attention to the networked nature of sources and uses of innovations, in addition to the collaborative product development process itself.