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Science Business: The Promise, the Reality, and the Future of Biotech
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Biotech industry's promises versus actual performance.
If you're intrigued by the intersecting paths of science and commerce, "Science Business" offers a compelling examination. Gary P. Pisano delves into why biotech hasn't lived up to its hype, making it a thought-provoking read for anyone interested in the future of this high-stakes sector. It's an insightful critique with constructive solutions that should interest professionals and enthusiasts keen on understanding the industry's dynamics.
New
Science Business: The Promise, the Reality, and the Future of Biotech
Regular price
- Unit price
- / per
ISBN: 9781591398400
Authors:
Gary P. Pisano
Publisher: Harvard Business School Press
Date of Publication: 2006-11-14
Format: Hardcover
Goodreads rating: 3.71
(rated by 107 readers)
Description
Why has the biotechnology industry failed to perform up to expectations—despite all its promise? In Science Business, Gary P. Pisano answers this question by providing an incisive critique of the industry. Pisano not only reveals the underlying causes of biotech's problems; he offers the most sophisticated analysis yet on how the industry works. And he provides clear prescriptions for companies, investors, and policy makers seeking ways to improve the industry's performance. According to Pisano, the biotech industry's problems stem from its special character as a science-based business. This character poses three unique challenges: how to finance highly risky investments under profound uncertainty and long time horizons for R&D, how to learn rapidly enough to keep pace with advances in drug science knowledge, and how to integrate capabilities across a broad spectrum of scientific and technological knowledge bases. The key to fixing the industry? Business models, organizational structures, and financing arrangements that place greater emphasis on integration and long-term learning over shorter-term 'monetization' of intellectual property. Pisano maintains that all industry players—biotech firms, investors, universities, pharmaceutical companies, government regulators—can play a role in righting the industry. The payoff? Valuable improvements in health care, and a shinier future for human well-being.
Condition guide
Book Condition Guide
Books in Like New Condition
This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Very Good Condition
This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Good Condition
We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Well Read Condition
This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
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Biotech industry's promises versus actual performance.
If you're intrigued by the intersecting paths of science and commerce, "Science Business" offers a compelling examination. Gary P. Pisano delves into why biotech hasn't lived up to its hype, making it a thought-provoking read for anyone interested in the future of this high-stakes sector. It's an insightful critique with constructive solutions that should interest professionals and enthusiasts keen on understanding the industry's dynamics.
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