Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition

In the global market, the emergence of new technologies are representing opportunities and challenges to both industry and the public sector of the Latin American Countries (LAC). Some of these technologies have far reaching implications for a large number of industrial sectors, creating wealth and...

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Autores principales:	Bustamante,Pedro I., Bowra,Steve
Lenguaje:	English
Publicado:	Pontificia Universidad Católica de Valparaíso 2002
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-34582002000300001
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spelling	oai:scielo:S0717-345820020003000012003-08-18Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global CompetitionBustamante,Pedro I.Bowra,SteveIn the global market, the emergence of new technologies are representing opportunities and challenges to both industry and the public sector of the Latin American Countries (LAC). Some of these technologies have far reaching implications for a large number of industrial sectors, creating wealth and employment, resulting in an increased competitiveness of the developed economies around the world. Modern biotechnology is one of these key emerging technologies which LAC must harness successfully to sustain economic growth and competitiveness. The ability to commercially exploit research in this area is also of prime importance. Developed countries have made important progress in recent years, with a strong leadership of USA in this sector. Unless substantial steps are taken now by LAC the gap between developed and developing economies will only continue to widen in the short, medium and long term. In this, the role of Small and Medium size Enterprises (SMES) is of crucial importance, especially because "High-TECH SMES" firms, by their nature, are often start-ups where new products are developed. Therefore, it is up to public authorities and venture-capitalists, at both the national and regional level to help engender a more productive external business. This paper is aimed to provide an overview of the options to harness the potential of "High-TECH SMES" for generating and accessing to new technologies, both at the national and global levels, with particular emphasis on biotechnology sectors in order to improve the LAC competitiveness.info:eu-repo/semantics/openAccessPontificia Universidad Católica de ValparaísoElectronic Journal of Biotechnology v.5 n.3 20022002-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-34582002000300001en
institution	Scielo Chile
collection	Scielo Chile
language	English
description	In the global market, the emergence of new technologies are representing opportunities and challenges to both industry and the public sector of the Latin American Countries (LAC). Some of these technologies have far reaching implications for a large number of industrial sectors, creating wealth and employment, resulting in an increased competitiveness of the developed economies around the world. Modern biotechnology is one of these key emerging technologies which LAC must harness successfully to sustain economic growth and competitiveness. The ability to commercially exploit research in this area is also of prime importance. Developed countries have made important progress in recent years, with a strong leadership of USA in this sector. Unless substantial steps are taken now by LAC the gap between developed and developing economies will only continue to widen in the short, medium and long term. In this, the role of Small and Medium size Enterprises (SMES) is of crucial importance, especially because "High-TECH SMES" firms, by their nature, are often start-ups where new products are developed. Therefore, it is up to public authorities and venture-capitalists, at both the national and regional level to help engender a more productive external business. This paper is aimed to provide an overview of the options to harness the potential of "High-TECH SMES" for generating and accessing to new technologies, both at the national and global levels, with particular emphasis on biotechnology sectors in order to improve the LAC competitiveness.
author	Bustamante,Pedro I. Bowra,Steve
spellingShingle	Bustamante,Pedro I. Bowra,Steve Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
author_facet	Bustamante,Pedro I. Bowra,Steve
author_sort	Bustamante,Pedro I.
title	Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
title_short	Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
title_full	Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
title_fullStr	Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
title_full_unstemmed	Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition
title_sort	biotechnology in developing countries: harnessing the potential of high-tech smes in the face of global competition
publisher	Pontificia Universidad Católica de Valparaíso
publishDate	2002
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-34582002000300001
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Biotechnology in Developing Countries: Harnessing the Potential of High-TECH SMES in the Face of Global Competition

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