The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities
Author: Sebastian Maiwald
Publisher: GRIN Verlag
Total Pages: 65
Release: 2010-03
Genre: Business & Economics
ISBN: 3640562429

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Seminar paper from the year 2010 in the subject Business economics - General, grade: 1,0, Württembergische Verwaltungs- und Wirtschafts-Akademie e.V., language: English, abstract: This paper describes the term biotechnology and how a small Austrian startup enterprise could enter into foreign markets. The paper combines knowledge of Intercultural and International Management constantly referring to biotechnology. This paper is divided into 3 major chapters. The second chapter defines biotechnology generally and furthermore gives an insight in marine biotechnology using the example of a concrete enterprise. Afterwards cultural and socio-political particularities in the fields of biotechnology are explained based on Austria where this startup enterprise is headquartered and currently operating. The fourth chapter concentrates on concrete foreign market entry strategies which could be applied by this startup enterprise. Finally every aspect is summarized and a final recommendation is given.

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities
Author: Sebastian Maiwald
Publisher: GRIN Verlag
Total Pages: 31
Release: 2010-03-11
Genre: Business & Economics
ISBN: 364056264X

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Seminar paper from the year 2010 in the subject Business economics - General, grade: 1,0, Württembergische Verwaltungs- und Wirtschafts-Akademie e.V., language: English, abstract: This paper describes the term biotechnology and how a small Austrian startup enterprise could enter into foreign markets. The paper combines knowledge of Intercultural and International Management constantly referring to biotechnology. This paper is divided into 3 major chapters. The second chapter defines biotechnology generally and furthermore gives an insight in marine biotechnology using the example of a concrete enterprise. Afterwards cultural and socio-political particularities in the fields of biotechnology are explained based on Austria where this startup enterprise is headquartered and currently operating. The fourth chapter concentrates on concrete foreign market entry strategies which could be applied by this startup enterprise. Finally every aspect is summarized and a final recommendation is given.

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities Using the Example of the Biote

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities Using the Example of the Biote
Author: Annike Stahl
Publisher: GRIN Verlag
Total Pages: 29
Release: 2010-04
Genre: Business & Economics
ISBN: 3640586433

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Seminar paper from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: "noch nicht bekanntgegeben", University of Cooperative Education Stuttgart, language: English, abstract: For many years now China represents one of the most popular target markets of the internationalisation of enterprises. The speed of economic development and social changes of China during the last years is indeed enormous and far above average. Today China is already the second largest economic nation and for many years receives the highest foreign investments worldwide. In 2002 China became Germany's biggest Asian trading partner taking the leadership over from Japan. Additionally 2012 shall be the German-Chinese cultural year. A comparable rapid change and development can be seen in the field of biotechnology. Over the last few years biotechnology became more and more important, popular and underwent a tremendous boom. Pharmaceutical industry is a sunrise industry, especially the biopharmaceuticals, which just starts its large-scale industrialization process. Many large biotech and pharmaceutical companies are strengthening their presence worldwide and have already entered the Chinese market - Roche, Novartis, GlaxoSmithKline and Pfizer, to name but a few. Among these as well BASF operates a joint venture together with the Chinese enterprise Sinopec for the production of high-quality chemical products and polymers. This seminar paper evaluates possible market entry strategies for the small and medium enterprise MediGene AG into China taking account of socio-cultural particularities. In the second chapter this seminar paper gives an insight into the characteristics of the Chinese culture and the biotechnological market in the People's Republic of China. The subsequent third chapter contains information about the products and today's internationalisation of MediGene. The fourth chapter is addressed to the different market entry strategi

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities

The Entrance in Foreign Markets in the Field of Biotechnology and the Consideration of Socio-Cultural Particularities
Author: Annike Stahl
Publisher: GRIN Verlag
Total Pages: 26
Release: 2010-04-07
Genre: Business & Economics
ISBN: 3640587111

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Seminar paper from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: "noch nicht bekanntgegeben", Baden-Wuerttemberg Cooperative State University (DHBW), language: English, abstract: For many years now China represents one of the most popular target markets of the internationalisation of enterprises. The speed of economic development and social changes of China during the last years is indeed enormous and far above average. Today China is already the second largest economic nation and for many years receives the highest foreign investments worldwide. In 2002 China became Germany’s biggest Asian trading partner taking the leadership over from Japan. Additionally 2012 shall be the German-Chinese cultural year. A comparable rapid change and development can be seen in the field of biotechnology. Over the last few years biotechnology became more and more important, popular and underwent a tremendous boom. Pharmaceutical industry is a sunrise industry, especially the biopharmaceuticals, which just starts its large-scale industrialization process. Many large biotech and pharmaceutical companies are strengthening their presence worldwide and have already entered the Chinese market - Roche, Novartis, GlaxoSmithKline and Pfizer, to name but a few. Among these as well BASF operates a joint venture together with the Chinese enterprise Sinopec for the production of high-quality chemical products and polymers. This seminar paper evaluates possible market entry strategies for the small and medium enterprise MediGene AG into China taking account of socio-cultural particularities. In the second chapter this seminar paper gives an insight into the characteristics of the Chinese culture and the biotechnological market in the People’s Republic of China. The subsequent third chapter contains information about the products and today’s internationalisation of MediGene. The fourth chapter is addressed to the different market entry strategies into China, which MediGene could choose. Finally, the seminar paper comes out with a conclusion and recommendation for MediGene considering the won findings.

Technology Transfer in Biotechnology

Technology Transfer in Biotechnology
Author: Prabuddha Ganguli
Publisher: John Wiley & Sons
Total Pages: 232
Release: 2009-04-22
Genre: Science
ISBN: 3527627316

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Here, the world's top experts impart their knowledge and experience, many in print for the first time. By considering developing country markets, this book is the first truly global guide to technology transfer, helping companies all around the world to avoid costly mistakes in product development and to recover investments quickly. Individual sections treat trade-related aspects of intellectual property rights, technology transfer in health and healthcare as well as in agriculture and the environment.

Biotechnology and the Future of Society

Biotechnology and the Future of Society
Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
Total Pages: 37
Release: 2004-10-20
Genre: Antiques & Collectibles
ISBN:

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Breakthroughs in biotechnology are redefining the very concept of life, transforming society and presenting unprecedented opportunities and challenges: Will human genome sequencing help to treat genetic diseases and indefinitely prolong life? Will stem cell therapy and tissue engineering allow routine regeneration and replacement of diseased organs? Can new diagnostic tests revolutionize medicine and healthcare? Will genetic engineering allow parents to design perfect babies? Can nature’s workshop inspire superior biomaterials that transform industries? Will genetically modified super crops feed a hungry world? With biotechnology set to be the driving force of the twenty-first century, mastery of the life sciences will be the key to wealth generation and economic ascendancy. Can the Arab World regain its past supremacy in these fields? Can it benefit from the biotech revolution while avoiding its perils? Such implications were debated by experts at the ECSSR Eighth Annual Conference titled Biotechnology and the Future of Society: Challenges and Opportunities, held from January 11-13, 2003 in Abu Dhabi, United Arab Emirates. This volume of conference presentations explores the broad impact of the biotech revolution, highlighting trends in healthcare and molecular medicine, the genetic revolution in agriculture, the future of materials production, new drug discovery technologies and national security issues, including the threat of bio-terrorism. It also examines the complex ethical, legal and social issues raised by the biotech revolution that need to be resolved by governments and decision makers.

The International Politics of Biotechnology

The International Politics of Biotechnology
Author: Alan M. Russell
Publisher: Manchester University Press
Total Pages: 276
Release: 2000
Genre: Medical
ISBN: 9780719058684

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There are three sections. The first considers the nature of the science itself, the normative questions rasied and the significance of gender responses. Following these broad issues, the second section addresses biotechnology in relation to international policial economy, trade and the environment, highlighting the politics of food and patents. The final section tackles the question of biological knowledge applied to weapons and the global responses.

International Strategy and Market Performance in New Biotechnology Firms

International Strategy and Market Performance in New Biotechnology Firms
Author: Joseph E. Coombs
Publisher: Routledge
Total Pages: 111
Release: 2014-02-04
Genre: Business & Economics
ISBN: 1317733762

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The issues addressed in this study are: What internal factors support changes in the international operations of new firms? and What effect do these changes have on the firm's structure, control system, and market performance. To answer these questions, this work examines the internal resources and market performance of a set of publicly traded biotechnology firms. Findings support the view that new firms can enter international markets through a variety of strategies, including international joint ventures and subsidiaries. Changes in international operations also are found to enhance firm market performance when accompanied by changes in firm structure and control systems. However, managers must be patient because market performance only improves significantly two years after these organizational changes have taken place.

Biotechnology: Economic and Social Aspects

Biotechnology: Economic and Social Aspects
Author: E. J. DaSilva
Publisher: Cambridge University Press
Total Pages: 406
Release: 1992-04-30
Genre: Business & Economics
ISBN: 9780521384735

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This book was first published in 1992. This book deals with an area of great importance: the issues involved in developing biotechnologically based industries in the developing countries. The science and most of the techniques are well established and it is often possible to obtain the desired finance. This book, however, examines the sort of choices that a developing country has to make as to whether to go ahead with any of the projects outlined in the book and their likely socio-economic consequences. Each chapter is written by experts in their field and discusses the current biotechnologically based industries and their state of development, their suitability for various economies and the problems associated with developing them. Chapters discuss environmental questions and further socio-economic factors that need to be considered in order to bring about successful wealth creation in these countries. This book will be invaluable reading for all those interested in biotechnology and its application to the developing world.