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10 The Coordinating Role of Chinese Policy Actors in Developing New Biotechnology Start Up Companies to Promote Industrial Development

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Starting Up in Business Networks

Abstract

All around the world there is an increased understanding among policymakers that the establishment of start-up companies is the backbone of future economic growth. It is argued that the development of new companies can increase the innovation rate and contribute to industrial change. This belief is also championed by the Chinese government, which has especially emphasised the possibility of start-up companies to facilitate the establishment and development of strategically important industries. The promotion of high-tech industries already started in the late 1980s; however, since the 1990s, policy attention towards developing some strategically important sectors has been apparent.

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Notes

  1. 1.

    Monoclonal antibodies are antibodies that connect to a specific antigen and thus through monoclonal antibody technology it is possible to grow large quantities of them to combat cancer or other diseases.

  2. 2.

    A bio-similar drug shares some structural similarities with an existing drug.

  3. 3.

    Hepatitis A is an inflammation of the liver due to the Hepatitis A virus. The spread of the virus is mostly common in poor sanitary areas.

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Author information

Authors and Affiliations

  1. Department of Engineering Sciences, Uppsala University, Uppsala, Sweden

    Åse Linné

  2. Department of Business Administration, Lund University, Lund, Sweden

    Tommy Shih

Authors
  1. Åse Linné
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  2. Tommy Shih
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Editor information

Editors and Affiliations

  1. Norwegian University of Science and Tech , Trondheim, Norway

    Lise Aaboen

  2. BI Norwegian Business School , Oslo, Norway

    Antonella La Rocca

  3. Chalmers University of Technology , Göteborg, Sweden

    Frida Lind

  4. Department of Engineering Sciences, Uppsala University Department of Engineering Sciences, Uppsala, Sweden

    Andrea Perna

  5. Lund University , Lund, Sweden

    Tommy Shih

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Linné, Å., Shih, T. (2017). 10 The Coordinating Role of Chinese Policy Actors in Developing New Biotechnology Start Up Companies to Promote Industrial Development. In: Aaboen, L., La Rocca, A., Lind, F., Perna, A., Shih, T. (eds) Starting Up in Business Networks. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-52719-6_11

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