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New Link in Bioinformatics Services Value Chain: Position, Organization and Business Model

Author

Listed:
  • Mladen Čudanov

    (University of Belgrade, Faculty of Organizational Sciences, Serbia)

  • Gheorghe Săvoiu

    (University of Pitesti, Faculty of Economic Sciences, Romania)

  • Ondrej Jaško

    (University of Belgrade, Faculty of Organizational Sciences, Serbia)

Abstract

This paper presents development in the bioinformatics services industry value chain, based on cloud computing paradigm. As genome sequencing costs per Megabase exponentially drop, industry needs to adopt. Paper has two parts: theoretical analysis and practical example of Seven Bridges Genomics Company. We are focused on explaining organizational, business and financial aspects of new business model in bioinformatics services, rather than technical side of the problem. In the light of that we present twofold business model fit for core bioinformatics research and Information and Communication Technologie (ICT) support in the new environment, with higher level of capital utilization and better resistance to business risks.

Suggested Citation

  • Mladen Čudanov & Gheorghe Săvoiu & Ondrej Jaško, 2012. "New Link in Bioinformatics Services Value Chain: Position, Organization and Business Model," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(Special N), pages 680-697, November.
    • Handle: RePEc:aes:amfeco:v:14:y:2012:i:special_no_6:p:680-697
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    References listed on IDEAS

    as
    1. Gheorghe Săvoiu & Constantin Manea & Victor Iorga – Simăn & Florentina Magda Enescu & Mladen Čudanov, 2011. "A Corporate Model of Similitude for SMEs Reunion into a Corporation, Viewed from the Angle of Physical Thought, and Its Complex Economic and Social Impact," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(29), pages 10-27, February.
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    Cited by:

    1. Luminiţa Ionescu & George Lăzăroiu & Silviu Şerban, 2013. "A theory of the availability and level of consumer protection in online and mobile payments for public economic services," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(34), pages 369-384, June.
    2. Gheorghe Savoiu & Consuela Necsulescu & Marian Taicu & Luminita Serbanescu, Emil Crisan, 2014. "Level of Satisfaction of Educational Services Consumers. Impact and Consequences for the Responsibility of an Economics Faculty," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(35), pages 1-88, February.

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    More about this item

    Keywords

    Bioinformatics; structure; organizational network; business model; cloud computing; genomics.;
    All these keywords.

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • L89 - Industrial Organization - - Industry Studies: Services - - - Other
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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