The Fourth Pillar? An Assessment of the Situation of the Finnish Biotechnology
The success in constructing a flourishing information and telecommunication cluster has encouraged Finland to seek equal possibilities in other knowledge-intensive industrial branches. Presently, biotechnology is seen as an auspicious business area. Like in other parts of Europe, Finnish biotechnolo...
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| Veröffentlicht in: | Small business economics 2001-08, Vol.17 (1/2), p.105-122 |
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| creator | Schienstock, Gerd Tulkki, Pasi |
| description | The success in constructing a flourishing information and telecommunication cluster has encouraged Finland to seek equal possibilities in other knowledge-intensive industrial branches. Presently, biotechnology is seen as an auspicious business area. Like in other parts of Europe, Finnish biotechnology concentrates mainly on pharmaceutical industries. More than 70 percent of the human resources of Finnish biotechnology industries is settled in this industrial branch. Despite large investments and financing, modern biotechnology industries are still a marginal industrial branch in the Finnish economy. Its turnover in 1999 was only one percent of the total GNP. The wide spectrum of Finnish higher education and the close relations of co-operation between universities and industries can open up promising prospects. Finland's technology-affirmative attitudinal climate works in the same direction. This progress can be delayed by a lack of highly skilled human resources, which is already a problem in the IT sector. The small size and minor experience in global markets have also limited the success of the Finnish firms. |
| doi_str_mv | 10.1023/A:1011126506582 |
| format | Article |
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An Assessment of the Situation of the Finnish Biotechnology</title><source>EBSCOhost Business Source Complete</source><source>Jstor Complete Legacy</source><source>SpringerLink Journals - AutoHoldings</source><creator>Schienstock, Gerd ; Tulkki, Pasi</creator><creatorcontrib>Schienstock, Gerd ; Tulkki, Pasi</creatorcontrib><description>The success in constructing a flourishing information and telecommunication cluster has encouraged Finland to seek equal possibilities in other knowledge-intensive industrial branches. Presently, biotechnology is seen as an auspicious business area. Like in other parts of Europe, Finnish biotechnology concentrates mainly on pharmaceutical industries. More than 70 percent of the human resources of Finnish biotechnology industries is settled in this industrial branch. Despite large investments and financing, modern biotechnology industries are still a marginal industrial branch in the Finnish economy. Its turnover in 1999 was only one percent of the total GNP. The wide spectrum of Finnish higher education and the close relations of co-operation between universities and industries can open up promising prospects. Finland's technology-affirmative attitudinal climate works in the same direction. This progress can be delayed by a lack of highly skilled human resources, which is already a problem in the IT sector. The small size and minor experience in global markets have also limited the success of the Finnish firms.</description><identifier>ISSN: 0921-898X</identifier><identifier>EISSN: 1573-0913</identifier><identifier>DOI: 10.1023/A:1011126506582</identifier><language>eng</language><publisher>Dordrecht: Kluwer Academic Publishers</publisher><subject>Biocatalysts ; Biomedical technology ; Biotechnology ; Biotechnology industry ; Business structures ; Commercial forests ; Economic growth ; Employment ; Exports ; Finland ; Food ; Forestry research ; GNP ; Gross National Product ; Higher education ; Industrial concentration ; Industrial exports ; Industry profiles ; Information technology ; Knowledge ; Metal industry ; Metals industries ; Pharmaceutical industry ; Pulp & paper industry ; Pulp and paper industry ; R&D ; Research & development ; Research universities ; Studies ; Success ; Universities ; Waste management industry ; World market</subject><ispartof>Small business economics, 2001-08, Vol.17 (1/2), p.105-122</ispartof><rights>Copyright 2001 Kluwer Academic Publishers</rights><rights>Copyright Kluwer Academic Publishers Aug/Sep 2001</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c341t-49b63980ff969f9f635ab69a0b47e1f2f3c789c77dbdd6cdb844f9899dd33da73</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/40229173$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/40229173$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,27924,27925,58017,58250</link.rule.ids></links><search><creatorcontrib>Schienstock, Gerd</creatorcontrib><creatorcontrib>Tulkki, Pasi</creatorcontrib><title>The Fourth Pillar? An Assessment of the Situation of the Finnish Biotechnology</title><title>Small business economics</title><description>The success in constructing a flourishing information and telecommunication cluster has encouraged Finland to seek equal possibilities in other knowledge-intensive industrial branches. Presently, biotechnology is seen as an auspicious business area. Like in other parts of Europe, Finnish biotechnology concentrates mainly on pharmaceutical industries. More than 70 percent of the human resources of Finnish biotechnology industries is settled in this industrial branch. Despite large investments and financing, modern biotechnology industries are still a marginal industrial branch in the Finnish economy. Its turnover in 1999 was only one percent of the total GNP. The wide spectrum of Finnish higher education and the close relations of co-operation between universities and industries can open up promising prospects. Finland's technology-affirmative attitudinal climate works in the same direction. This progress can be delayed by a lack of highly skilled human resources, which is already a problem in the IT sector. 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| subjects | Biocatalysts Biomedical technology Biotechnology Biotechnology industry Business structures Commercial forests Economic growth Employment Exports Finland Food Forestry research GNP Gross National Product Higher education Industrial concentration Industrial exports Industry profiles Information technology Knowledge Metal industry Metals industries Pharmaceutical industry Pulp & paper industry Pulp and paper industry R&D Research & development Research universities Studies Success Universities Waste management industry World market |
| title | The Fourth Pillar? An Assessment of the Situation of the Finnish Biotechnology |
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