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New Entrants and Inherited Competence: The Evolution of the Irish Biotech Sector (NIRSA) Working Paper Series No. 66

Curran, Declan and Van Egeraat, Chris and O’Gorman, Colm (2011) New Entrants and Inherited Competence: The Evolution of the Irish Biotech Sector (NIRSA) Working Paper Series No. 66. Working Paper. NIRSA - National Institute for Regional and Spatial Analysis. (Unpublished)

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Abstract

In this paper we use Klepper's (2008) theory of the evolution of industrial concentrations to study the role of entrepreneurial activity in the evolution of the Irish biotechnology sector. Specifically, we study the characteristics of new entrants, and the relationships between new entrants and existing private firms and higher education institutes. Two distinct evolutionary processes involving, on the one hand, the university spin-offs and on the other hand private sector spin-offs are observed to have shaped the Irish biotech industry's development. We also add to Klepper's (2008) theory by relating the theoretical concept of inherited company traits to a different typology of spin-offs – university spin-offs versus private sector spin-offs.

Item Type: Monograph (Working Paper)
Keywords: New Entrants; Inherited Competence; Irish; Ireland; Biotech; NIRSA; Biotechnology; Klepper; industry;
Subjects: Social Sciences > NIRSA-National Institute for Regional and Spatial Analysis
Item ID: 2692
Depositing User: NIRSA Editor
Date Deposited: 02 Sep 2011 14:48
Publisher: NIRSA - National Institute for Regional and Spatial Analysis
URI:

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