It's hard to imagine competition in the human genetics research business getting much hotter, but the temperature just rose a notch.
With his insight in early brain development, genetics and business, Hendrik Marais put his time and money behind BrainBoosters, through Eureka DIY, the company founded thirty years ago by him.
In next week's blog I will outline business genetics for managers and entrepreneurs, giving six action rules that can multiply your effectiveness and value.
Instead of corporate competition being the focus of study, as in the old economic paradigm, business genetics posits several layers of economic value creation, driven by business genes and their struggle to live and breed.
This work was partly supported by the project "Genomic Selection – from function to efficient utilization in cattle breeding (grant no. 3412-08-02253) funded by the Danish Directorate for Food, Fisheries and Agri Business, Viking Genetics, Nordic Genetic Evaluation, and Aarhus University.
In a bid to bolster its drug discovery efforts, the biotechnology giant Amgen said on Monday that it would pay $415 million to acquire deCODE Genetics, a gene-hunting business known for its headline-grabbing discoveries linking genetic variations to disease.
On the other hand, competencies generate human capital of a company which represents education, experience, skills, genetics and attitudes of business owner and his employees (Bontis et al., 2000).
Such cases are increasingly leading genetics and genomics researchers, business entities, health care providers, and consumers to question how the balance between providing intellectual property protection and fostering biomedical innovation can best be attained.
