Market Entry And Exit By Biotech And Device Companies Funded By Venture Capital

被引：10

作者：

Burns, Lawton R. ^{[1
]}

Housman, Michael G. ^{[1
]}

Robinson, Charles A. ^{[1
]}

机构：

[1] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA

来源：

HEALTH AFFAIRS | 2009年 / 28卷 / 01期

关键词：

D O I：

10.1377/hlthaff.28.1.w76

中图分类号：

R19 [保健组织与事业（卫生事业管理）];

学科分类号：

摘要：

Start-up companies in the biotechnology and medical device sectors are important sources of health care innovation. This paper describes the role of venture capital in supporting these companies and charts the growth in venture capital financial support. The paper then uses longitudinal data to describe market entry and exit by these companies. Similar factors are associated with entry and exit in the two sectors. Entries and exits in one sector also appear to influence entry in the other. These findings have important implications for developing innovative technologies and ensuring competitive markets in the life sciences. [Health Affairs 28, no. 1 (2009): w76-w86 (published online 2 December 2008; 10.1377/hlthaff.28.1.w76)]

引用

页码：W76 / W86

页数：11