Excerpted from TFI's report:
Biotechnology: A Guide to Business and Workforce Development
John H. Vanston, Ph.D. and Henry Elliott, M.S.
Importance of Various Factors to Biotech Company Success
A significant majority, 71%, of biotech industry survey respondents rated government-sponsored funding of biotech research as a critical or very important factor to the growth of a vibrant biotech sector. Additionally, the availability of financial resources (71%) and financial incentives (76%) for private biotech enterprise development were rated by respondents as critical or very important factors to the success of the biotech industry. 53% rated biotech technician workforce development as a critical or very important activity. Surprisingly, a relatively small percentage (29%) rated embryonic stem cell research as an activity that was critical or very important to the growth of the biotech sector.
Please visit the report page, Biotechnology: A Guide to Business and Workforce Development for more report information and purchasing details.