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Competitive Strategies of Biotechnology Firms: Implications for U.S. Agriculture

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  • Begemann, Brett D.

Abstract

The agricultural biotechnology industry has evolved from a focus on outstanding science to a more mature phase where firms focus on near-term products and building businesses. Understanding complex relationships and distribution channels and a global perspective are crucial to commercialization. Yet, leading-edge technology and early identification of key traits will be critical to developing superior products that ensure competitiveness in the marketplace. Monsanto is organizing around a life sciences model where seed, crop chemicals, pharmaceuticals, and food ingredient businesses will exploit mutual synergies driven by basic science and discovery.

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  • Begemann, Brett D., 1997. "Competitive Strategies of Biotechnology Firms: Implications for U.S. Agriculture," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(1), pages 117-122, July.
    • Handle: RePEc:cup:jagaec:v:29:y:1997:i:01:p:117-122_00
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    Cited by:

    1. Jiang, Jingze & Marsh, Thomas L. & Tozer, Peter R., 2015. "Policy induced price volatility transmission: Linking the U.S. crude oil, corn and plastics markets," Energy Economics, Elsevier, vol. 52(PA), pages 217-227.
    2. Sharmistha Bagchi-Sen & Jennifer Scully, 2007. "Strategies and External Relationships of Small and Medium-Sized Enterprises in the US Agricultural Biotechnology Sector," Environment and Planning C, , vol. 25(6), pages 844-860, December.

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