Cluster Intersections and the Evolution of the Bay Area Bioinformatics Cluster
The recent establishment California-based bioinformatics industry clusters is a logical consequence of the intersection of existing local Biotechnology, Information Technology and Venture Capital clusters. The very definition of Bioinformatics: "the science of managing and analyzing biological data using advanced computing techniques, 1" helps to illustrate the nature of this intersection. Research and development for Biotech companies generates volumes of biological data and IT companies provide tools that assist in processing this data. It seems only natural that in light of this mutual dependency and given the proximity of existing IT and Biotech clusters a new, specialized Bioinformatics cluster would emerge.
In his article, "Clusters and the New Economics of Competition," Porter describes the benefits created by the "direction and pace of innovation 2" sustained by local competitors in their......
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Approximate Word Count: 1079
Approximate Pages: 5 (260 words per double-spaced page) |