Business Development Capability: Insights from the Biotechnology Industry

Business development tasks and processes serves to improve firms’ innovation efforts. Such business development activities are found and refined in the biotechnology industry, but have received remarkable little attention in the academic literature. The aim of this paper is to explore the organizat...

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Bibliographic Details
Main Authors: Valeria Lorenzi, Hans Eibe Sørensen
Format: Article
Language:English
Published: Niccolò Cusano University-Rome 2014-07-01
Series:Symphonya
Subjects:
Online Access:https://symphonya.unicusano.it/article/view/9947
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author Valeria Lorenzi
Hans Eibe Sørensen
author_facet Valeria Lorenzi
Hans Eibe Sørensen
author_sort Valeria Lorenzi
collection DOAJ
description Business development tasks and processes serves to improve firms’ innovation efforts. Such business development activities are found and refined in the biotechnology industry, but have received remarkable little attention in the academic literature. The aim of this paper is to explore the organization of business development on the basis of existing empirical literature and three case studies from the biotechnology industry. We adopt the dynamic capabilities perspective to create a theoretical framework for building a business development capability that may serve as a source of competitive advantage. Managerial implications are discussed.  
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spelling doaj.art-4726ab7dbe5d4b35a7c6e070870e425a2024-01-23T20:40:57ZengNiccolò Cusano University-RomeSymphonya1593-03001593-03192014-07-012Business Development Capability: Insights from the Biotechnology IndustryValeria LorenziHans Eibe Sørensen Business development tasks and processes serves to improve firms’ innovation efforts. Such business development activities are found and refined in the biotechnology industry, but have received remarkable little attention in the academic literature. The aim of this paper is to explore the organization of business development on the basis of existing empirical literature and three case studies from the biotechnology industry. We adopt the dynamic capabilities perspective to create a theoretical framework for building a business development capability that may serve as a source of competitive advantage. Managerial implications are discussed.   https://symphonya.unicusano.it/article/view/9947Business DevelopmentBusiness Development FunctionDynamic CapabilitiesBiotechnology IndustryOpportunity Identification
spellingShingle Valeria Lorenzi
Hans Eibe Sørensen
Business Development Capability: Insights from the Biotechnology Industry
Symphonya
Business Development
Business Development Function
Dynamic Capabilities
Biotechnology Industry
Opportunity Identification
title Business Development Capability: Insights from the Biotechnology Industry
title_full Business Development Capability: Insights from the Biotechnology Industry
title_fullStr Business Development Capability: Insights from the Biotechnology Industry
title_full_unstemmed Business Development Capability: Insights from the Biotechnology Industry
title_short Business Development Capability: Insights from the Biotechnology Industry
title_sort business development capability insights from the biotechnology industry
topic Business Development
Business Development Function
Dynamic Capabilities
Biotechnology Industry
Opportunity Identification
url https://symphonya.unicusano.it/article/view/9947
work_keys_str_mv AT valerialorenzi businessdevelopmentcapabilityinsightsfromthebiotechnologyindustry
AT hanseibesørensen businessdevelopmentcapabilityinsightsfromthebiotechnologyindustry