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Factors Affecting Biotechnology Innovation in Canada: Analysis of the 2001 Biotechnology Use and Development Survey

Author

Listed:
  • van Moorsel, Daryl
  • Cranfield, John A.L.
  • Sparling, David

Abstract

Advancement in biotechnology requires continued innovative activity by firms. To grow, biotechnology firms must understand the factors affecting their innovative activity. Such understanding also informs policy makers, and supports the development of policies promoting one's biotechnology sector. This study explores factors which determine innovative activity within the Canadian biotechnology industry. Innovative activity is measured as the natural log of the number of products/processes a firm has at different stages of the innovation spectrum. A model is developed to regress this measure on several determinants of innovation. Significant drivers of innovation include: collaborative arrangements, transfer of intellectual property, firm size and age, whether the firm was in the agricultural or human health biotechnology sectors and whether the firm focused on development or commercialization. Generally speaking, these factors all contributed to firms having more products/processes either under development, undergoing clinical trials or regulatory approval, or on the market.

Suggested Citation

  • van Moorsel, Daryl & Cranfield, John A.L. & Sparling, David, 2005. "Factors Affecting Biotechnology Innovation in Canada: Analysis of the 2001 Biotechnology Use and Development Survey," Working Papers 34121, University of Guelph, Department of Food, Agricultural and Resource Economics.
    • Handle: RePEc:ags:uguewp:34121
    DOI: 10.22004/ag.econ.34121
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    References listed on IDEAS

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    Cited by:

    1. Roucan-Kane, Maud & Gray, Allan W. & Boehlje, Michael, 2011. "Approaches for Selecting Product Innovation Projects in U.S. Food and Agribusiness Companies," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(4), pages 1-18, November.
    2. Pant, Laxmi P., 2010. "Assessing Innovations in International Research and Development Practice," MERIT Working Papers 2010-043, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Gohar Nuhoff-Isakhanyan & Emiel F.M. Wubben & S.W.F. Omta, 2016. "Sustainability Benefits and Challenges of Inter-Organizational Collaboration in Bio-Based Business: A Systematic Literature Review," Sustainability, MDPI, vol. 8(4), pages 1-17, March.
    4. Cranfield, John A.L. & Herath, Deepananda P.B. & Henson, Spencer J. & Sparling, David, 2006. "An Analysis of Financing Innovation and Commercialization in Canada's Functional Food and Nutraceutical Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21196, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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