Biotechnology

Case Solution for Lyonbiopole: The Challenge of Becoming a World-class Biotechnology Cluster

Complete Case details are given below :
Case Name :      Lyonbiopole: The Challenge of Becoming a World-class Biotechnology Cluster
Authors :           Anthony Goerzen, Ana Colovic
Source :             Ivey Publishing
Case ID :            909M75
Discipline :        General Management
Case Length :    13 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In December 2007, the Economics & International Affairs director of the competitiveness cluster, Lyonbiopole, was responsible for the international development of the cluster. Lyonbiopole was one of seven biotechnology clusters in France. Although Lyonbiopole performed very well at the national level, its visibility as an international cluster in the biotechnology field was uncertain. Yet, for its member firms to thrive in the globalized world of biotechnology clusters, establishing international connections for the cluster was crucial. That is why the management team of Lyonbiopole developed an internationalization program through alliances with foreign clusters (i.e. interclusteral alliances). By improving its international visibility and reputation through alliances with world-class biotechnology clusters, Lyonbiopole hoped to create new technological partnerships, increase investment, and create other kinds of opportunities for member firms. After having successfully established alliance partnerships in Europe, Lyonbiopole was preparing for the second stage in its internationalization process. The case highlights the questions – in the context of industrial clusters – whether or not a smaller organization can approach an industry leader to create a mutually beneficial alliance, and how it might accomplish this.
 
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