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Bio-tech Startup Incubation Best Practice in the United States |
HU Yuan-lei1,YAO Wei-hao2,*(),PU Run3,*(),ZHANG Hong-xiang4,5 |
1 School of Life Sciences,Peking University, Beijing 100871,China 2 Office of Science and Technology Development, Institute of Industrial Technology Research, Peking University,Beijing 100871,China 3 China National Center for Biotechnology Development, Beijing 100039,China 4 Chinese Science Library, Chinese Academy of Science, Beijing 100190,China 5 Chinese Society of Biotechnology, Beijing 100101,China |
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Abstract Biotechnology and biopharmaceutical industries are the strategic sectors favored by major economies of the world in the 21 st century. Globally, these two sectors have gradually moved into the phase of large scale commercialization industrialization, and are expected to enter a stage of accelerated growth by 2020. They are expected to gradually become a key driver of world’s economy growth. China government has enacted a series of incentive measures and policies to foster a conducive ecosystem in order to accelerate the innovation and growth of the biotechnology and biopharmaceutical industries. With the call for innovation by central government, various provinces and cities of China have built series of biotechnology science parks and incubators to promote the incubation and growth of biotechnology startup companies, in an attempt to move up along the value chain. This paper provides an introduction to the establishment, operation and incubation practice of various successful biotechnology incubators in the United States, it also looks into the collaboration model between these incubators and external parties, from an ecosystem building perspective. Six guidelines were summarized for the successful operation of incubators and three suggestions were given aimed at serving as a reference for those who plan to build or operate a biotechnology / biopharmaceutical incubator.
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Received: 20 May 2019
Published: 15 January 2020
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Corresponding Authors:
Wei-hao YAO,Run PU
E-mail: whyao@pku.edu.cn;purun@cncbd.org.cn
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