The status of biotechnology-based innovations

Tait, Joyce, Chataway, Joanna and Jones, Sharon (1990) The status of biotechnology-based innovations. Technology Analysis & Strategic Management, 2 (3). pp. 293-305. ISSN 0953-7325

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Abstract

This paper contributes to the debate surrounding the question of whether biotechnology, particularly its applications in agricultural and food-related industries, should be regarded as revolutionary or evolutionary (with some reservations about the validity of the question). The potential to create a revolutionary techno-economic paradigm shift does exist but it is currently being severely inhibited by uncertainty about the future state of markets and regulatory systems. It is also important to consider the motivations underlying statements about the revolutionary /evolutionary nature of biotechnology, as some such statements are intended to influence events rather than to reflect them. The impact of small firms on the direction and pace of revolutionary change in these industries is likely to be marginal, unlike the situation in the early phases of the electronics/IT revolution. At present the lack of integration of policy initiatives by national governments and the EC is a major factor discouraging the rapid implementation of change.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Depositing User: Stacey Goldup
Date Deposited: 07 Nov 2016 11:56
Last Modified: 07 Nov 2016 11:56
URI: http://sro.sussex.ac.uk/id/eprint/65310
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