Technological, Economic and Institutional Aspects Behind the Development of the Biotechnology Industry in Turku region, Finland

The paper examines the recent development of
biotechnology related industry in the Finnish city of Turku, where especially pharmaceutical industry has adopted the use of post-1970s molecular biology breakthroughs in biotechnology. The study focuses on the link between technology and institutions but also on the role of different organisations in the process of building capability to produce new innovations and new industrial activity.