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Turning science into business in developing countries: the case of vaccine production in Vietnam

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  • Tran Ca

Abstract

Turning scientific discoveries into business opportunities is a difficult process, particularly in high-tech related area such as bioscience and biotechnology. In developing countries, where research conditions are much less favorable than in the industrialized world, there are many additional constraints in terms of finance, investment, and human resources. However, the production of vaccines on the basis of research and technology transfer in Vietnam shows that this is possible provided the right policy and right people are available. Relying on transfer of technology from overseas, plus a combination of domestic efforts and international cooperation on R&D, Vietnamese research institutes have turned their research into business operations and turned some scientists into a businessmen and women. This in turn, has contributed to the eradication of certain diseases and Vietnam’s self-reliance of key vaccines. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Tran Ca, 2007. "Turning science into business in developing countries: the case of vaccine production in Vietnam," The Journal of Technology Transfer, Springer, vol. 32(4), pages 425-434, August.
    • Handle: RePEc:kap:jtecht:v:32:y:2007:i:4:p:425-434
    DOI: 10.1007/s10961-006-9026-7
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    Cited by:

    1. Beniamino Callegari & Christophe Feder, 2022. "The long-term economic effects of pandemics: toward an evolutionary approach [Epidemics and trust: the case of the Spanish flu]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(3), pages 715-735.

    More about this item

    Keywords

    Biotechnology; Spin-off ; Vaccine; International cooperation; Vietnam; Technology transfer; O31; O38;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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