In December 2007, the Economics & International Affairs manager of the competitiveness cluster, Lyonbiopole, was responsible for the international development of the cluster. Its visibility as an international bunch in the biotechnology field was not certain, although Lyonbiopole performed at the national level. Yet, for its member businesses to prosper in the globalized world of biotechnology clusters, establishing international connections for the bunch was critical.
Lyons Document Storage Corporation Bond Accounting, Spanish Version Case Solution
That is why the management team of Lyonbiopole developed an internationalization program through coalitions with foreign bunches (i.e. interclusteral coalitions). By enhancing its international exposure and reputation through alliances with world class biotechnology clusters, increase investment, Lyonbiopole hoped to create new technological partnerships, and create other types of opportunities for member firms. After having successfully established coalition ventures 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 it might accomplish this, and to create a mutually beneficial alliance.
PUBLICATION DATE: November 09, 2009 PRODUCT #: 909M75-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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