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- Title
Lack of private financing hobbles emerging biotech regions.
- Authors
Jia, Hepeng; Jayarama, K.S.; Astvatsaturyan, Marina
- Abstract
The article highlights that government fundings and policies are insufficient to foster the biotechnology industry in the emerging economies including China, India and Russia, and the availability of private funding is important for nurturing the industry. Chinese government has continued to increase the funding for research and development in biotechnology to develop a self-sustained industry.
- Subjects
BIOTECHNOLOGY research; INVESTMENTS; TRANSITION economies; BIOTECHNOLOGY industries; HIGH technology industries
- Publication
Nature Biotechnology, 2006, Vol 24, Issue 1, p7
- ISSN
1087-0156
- Publication type
Article
- DOI
10.1038/nbt0106-7