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Creating Silicon Valley in EuropePublic Policy Towards New Technology Industries$
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Steven Casper

Print publication date: 2007

Print ISBN-13: 9780199269525

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269525.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 July 2021

Biotechnology in the UK: good but not great

Biotechnology in the UK: good but not great

(p.105) 5 Biotechnology in the UK: good but not great
Creating Silicon Valley in Europe

Steven Casper (Contributor Webpage)

Oxford University Press

National institutional frameworks within the UK are oriented towards the promotion of radically innovative industries such as biotechnology. While the UK does have the best performing European biotechnology industry, it lags far behind the productivity of the US industry. The chapter argues that national institutional incentives within the UK are appropriate for biotechnology. However, public policy within the country has not developed an adequate system of commercializing science. Drawing on a case study of the Cambridge UK technology cluster, potential policies that could improve the performance of UK biotechnology sector are discussed.

Keywords:   technology transfer, venture capital, labor market organization, commercializing science, Cambridge

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