Developing a new business model for enabling research – the case of the ACPFG in Australia. (15th November 2006)

• Record Type: Journal Article
• Authors: Agius, Stephanie C.; Corkindale, David; Dottore, Antonio G.; Gilbert, Michael
• Is Part Of: International journal of technology intelligence and planning. Volume 2:Number 2(2006)
• Page Start: 117
• Page End: 128
• Publication Date: 2006-11-15
• Subjects: Australian Centre for Plant Functional Genomics -- ACPFG -- agricultural biotechnology -- agbiotech -- cereal varieties -- commercialisation -- industry consolidation -- intellectual property -- transaction costs -- strategic alliances -- licensing -- technology transfer -- business models -- complementary assets -- core competences -- R&amp -- D -- research and development -- abiotic stress -- plant growth -- crop productivity -- organisational structure -- Australia; Technological innovations -- Periodicals; Research, Industrial -- Periodicals; Knowledge management -- Periodicals; 658.403805
• Languages: English
• ISSNs: 1740-2832

Abstract

The way in which companies, research centres and educational institutions are organised and structured may provide a competitive advantage for commercialisation, in particular if companies are dependent on the deployment of complementary assets and capabilities by third parties. This paper presents the case of the Australian Centre for Plant Functional Genomics (ACPFG), a private agricultural biotechnology (agbiotech) company specialising in early stage Research and Development (R&D) to produce superior adapted cereal varieties, tolerant to abiotic stress conditions such as drought, frost, salt, or mineral toxicity, all of which have a direct and negative impact on plant growth and crop productivity. The organisational structure of the company has been influenced and shaped by Government policy, shareholders expectations and trends in the agbiotech industrial organisation. It has proved attractive to potential alliance partners for collaborative R&D and commercialisation. We present the ACPFG as a new business model to fund basic research and facilitate technology transfer.