According to the report, the economics and business models forthe biotech and life science industry are significantly changing. In this period of transformation,there is a need for a set of new public policies, better educated community leaders, and citizens on the life science cluster, different strategies among economic developement-university-industry organizations, and alternative collaborative models and mindset for competing globally.
Link
http://www.new-econ.com/pdf/03-NESVersionBIOReport.pdf