Resumen de Assessment of factors affecting innovation policy in biotechnology

Samira Khodi Aghmiunia, Saeed Siyal, Qiang Wang, Yuzhen Duan

• tNearly three decades have passed since the new knowledge and technologies like genetics and biotech-nology have emerged. By passing through various periods in which labor force, resources and capital,each one at a certain time, have been comparative and competitive advantages for a more powerfuleconomy, biotechnology is one of the advanced technologies that countries are investing in, in orderto achieve sustainable development in the current century. The capabilities of this knowledge are thecreation of fundamental and gradual innovations, in addition to the several applications that gener-ate wealth for countries. For this purpose, innovation policies in biotechnology have been addressedhere. This study draws on the resource based theory and examines the research development polices,international-corporate collaboration policies and government supportive innovation policies. The sta-tistical population of this study consisted of 165 responses from the directors and experts active in thefield of biotechnology industry in Iran (pharmaceutical, food and agriculture). Research hypotheses weretested using SMART PLS software. The results of the research revealed that research development polices,international corporate collaboration policies and government supportive innovation policies have a sig-nificant impact on the development of biotechnology innovation activities. In addition, we have discussedthe implications of the study as well as given some future directions.