Tag Archives: Management

Visual maps of biotech clusters in the U.S.

A great way to take a bird’s eye view of the U.S. life sciences clusters is to look at the BioSpace Hotbed Maps. Although it only displays a very small fraction of the organizations (i.e. major players) in the cluster, it depicts the clusters in an elegant fashion. I hope other industries will follow, not only with decorative maps, but fully informative zoom-able maps. One example is the nanotechnology map from Germany and another is a map of biotech clusters around the world.

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Filed under Organizations & Sociology

Recipe for novelty: academia, venture capital and business blended together

A great book from John Padgett and Walter W. Powell about how new organizational forms emerge. They gathered cases and research from their extensive research careers together with new cases and work from other researchers.

The famous research of Florentine historical family networks by John Padgett is now seamlessly tied into the theoretical lessons learnt from the new academic biotechnology venturing and bio-pharmaceutical business clusters in the U.S.

To understand how new markets and business clusters emerge, and how new institutional forms take off, it is  a good idea to take a look at this book. I really loved the lecture about the book; there were many small details that makes the whole story vivid and useful.

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Rethinking Competitiveness: Lessons not just for the U.S.

This report from HBS professor Michael Porter, Jan Rivkin & Rosabeth Moss Kanter calls business to rise up against short-term business practices and help bolster the competitiveness of the United States. They base their arguments on a survey that they have conducted among high-profile HBS alumni. They conclude that there are fundamental problems with competitiveness (defined as competitive strength in the global market place & capability of supporting high and rising wages, and living standards) in the U.S. and action must be taken.

I found it slightly amusing that most of the suggestions are similar to the oft criticized Japanese model that focuses on high standards of living for employees and other stakeholders, and long-term employee training. Well, it is high time the U.S. realized that short-term policies and financial tricks won’t help in creating a sustainable future.

Here is the link to the report lecture.

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