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Title: Novel life science technology business model : strategic issues in stem cells commercialisation
Author: Murad, Ahmad Najib Dato
ISNI:       0000 0004 2716 1840
Awarding Body: Glasgow Caledonian University
Current Institution: Glasgow Caledonian University
Date of Award: 2010
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This study focused on stem cells research to better understand strategic issues of business models involved in technology commercialisation of novel life science technology. The research questions of this study can thus be defined as: (l) what strategy or business model is appropriate for stem cells research commercialisation? and (2) which theoretical issues impact on the selection of strategies which are appropriate for the commercialisation of novel technologies, specifically novel life science technology such as stem cells research. Three objectives were derived from the important question of how to commercialise technology and of particular interest to this study, novel technology such as stem cells research, to: (1) understand the extent and nature of uncertainties affecting stem cells research into routine therapeutic practice; (2) examine the effect of economic, political and ethical issues on the adoption and implementation of commercialisation strategy for stem cells research; and (3) determine possible strategies for survival and growth of biotechnology firms focusing on stem cells research. Fieldwork as carried out in Scotland where purposive sampling used led to the selection of five interviewees for the first round of interviews. Snowballing technique increased the number of interviewees to 12 in the second round of interviewees. The interviewees were essentially key actors in the Scottish stem cells community who possessed the relevant scientific, ethics, regulatory as well business and industry knowledge of stem cells research. The interviews were open-ended. A review of major broadsheet newspapers from the US and UK were also conducted as an exploratory study to address the balance of this study by incorporating an element of how policy issues related to science and technology controversy are defmed, symbolised and resolved. Interview data were transcribed and analysed using content analsysis software QSR NvivoFindings from both rounds of interviews indicated the importance of collaborative strategy such as strategic alliances in overcoming strategic issues of stem cells commercialisation. More government support for stem cells research appeared to be needed to overcome funding issues. The inclusion of newspaper review in the study indicated the positive reporting of stem cells in the UK compared to us. The contribution of findings from the newspaper article analysis establishes a link between public understandings of new technology that were not captured through the two rounds of interviews It is suggested that strategic alliances should be given consideration in future stem cells business model and commercialisation strategy research efforts. Ethical risk too should be part of this suggested model. The implications of these results for theoretical along with practical implications of the fmdings were discussed and opportunities for future research provided
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available