Biotechnology Industries

Book chapter, 2007

This chapter considers theoretical arguments and empirical evidence, in order to understand the economic dynamics of modern biotechnology from a neo-Schumpeterian perspective. The biotechnology industries include economic activities and firms, which depend upon knowledge related to living organisms and biological processes. This chapter considers the following aspects of the biotechnology industries: (1) the global biotechnology industries, (2) science and innovation processes in biotechnology, and (3) methods and theory in appreciative theorizing.