Efficiency Analysis of the United States Biotechnology Industry: Clustering Enhances Productivity

Document Type

Article

Journal/Book Title/Conference

AgBioForum

Volume

12

Issue

3&4

Publication Date

2009

First Page

422

Last Page

436

Abstract

This article attempts to identify the factors affecting location of biotechnology firms in the United States. To achieve this goal, the regional efficiency in the biotech industry is measured using the Data Envelopment Analysis (DEA). We investigate the causal structure of the regional biotech industry performance and a set of other locational variables using the Directed Acyclic Graph (DAG). Clustering the biotech industry directly enhances the regional industry efficiency, and the high-tech infrastructure and regional income directly affect the clustering the biotech industry

This document is currently not available here.

Share

COinS