This presentation shows that there are three basic factors needed to be present in an area in order for its biotechnology industry to flourish: 1) Place still matters, even in a quintessential knowledge industry, 2) not just research, but the ability to turn ideas into businesses, and 3) the power of clustering provides decisive business advantages.
View the complete Powerpoint Presentation—(1301 KB)
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"There needs to be substantial follow along investment from the supply chain. This is a significant gamble. For [Wisconsin's state investment in Foxconn] to pay off, you need to build not just one company … you need to build a number of smaller and medium-sized companies."