Studies on factors affecting business performance of biotechnology companies

Biotechnology industries are fast growing, technology based and multibillion dollars business. Biotechnology dealt with using biomaterials to produce bioproducts or to provide service in many industrial sectors of health, food, chemical and environmental industries. Like most of high-tech business,...

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Main Author:	El Enshasy, Hesham Ali
Format:	Thesis
Language:	English
Published:	2012
Subjects:	HD28 Management Industrial Management
Online Access:	http://eprints.utm.my/id/eprint/39010/5/HeshamAliElEnshasyMFPPSM2012.pdf
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spelling	my-utm-ep.390102018-04-27T01:30:54Z Studies on factors affecting business performance of biotechnology companies 2012-02 El Enshasy, Hesham Ali HD28 Management. Industrial Management Biotechnology industries are fast growing, technology based and multibillion dollars business. Biotechnology dealt with using biomaterials to produce bioproducts or to provide service in many industrial sectors of health, food, chemical and environmental industries. Like most of high-tech business, biotechnology is long term investment business with high risk. Therefore, based on the unique nature of this business, factors affecting its performance are different from those of ordinary business. Thus, this study is focused on the determination of the current factors affecting the performance of biotechnology business by 46 worldwide experts using mixed research method (a combination between Expert Opinion Assessment EOA technique and questionnaire of closed ended questions). Two rounds of questioning were conducted to identify, categorize and prioritize these factors by mean ranks. In the first round, experts listed all factors affecting business performance. The results of the first round were grouped and returned to the experts in the second round to score the importance of each factor. The second round showed high results consensus among the experts. Based on the favorable Kendall’s coefficient of consensus, it was not necessary to run the third round. Based on the results obtained from EOA study, a non-Financial Business Performance Indicator (n-FBPI) was developed for quantitative determination of performance of biotechnology companies. To evaluate the company’s performance, another research instrument (questionnaire) was developed. This questionnaire composed of 97 questions to evaluate the company’s external and internal environment and strength in points related to the effective factors uncovered in the first part of this study. The developed instrument was tested by 5 companies and gave quantitative measure for companies performance. Furthermore, a new website (www.biotechhorizon.com) was developed for this study for online assessment of the performance of biotechnology companies. The results of this study will help all stakeholders in biotechnology business either who are new in this type of business or who are well established by providing the current factors which have significant effect on biotechnology business performance. The n-FBPI developed will also be a useful tool for companies to evaluate their non financial performance quantitatively. 2012-02 Thesis http://eprints.utm.my/id/eprint/39010/ http://eprints.utm.my/id/eprint/39010/5/HeshamAliElEnshasyMFPPSM2012.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Management and Human Resources Development Faculty of Management and Human Resource Development
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management El Enshasy, Hesham Ali Studies on factors affecting business performance of biotechnology companies
description	Biotechnology industries are fast growing, technology based and multibillion dollars business. Biotechnology dealt with using biomaterials to produce bioproducts or to provide service in many industrial sectors of health, food, chemical and environmental industries. Like most of high-tech business, biotechnology is long term investment business with high risk. Therefore, based on the unique nature of this business, factors affecting its performance are different from those of ordinary business. Thus, this study is focused on the determination of the current factors affecting the performance of biotechnology business by 46 worldwide experts using mixed research method (a combination between Expert Opinion Assessment EOA technique and questionnaire of closed ended questions). Two rounds of questioning were conducted to identify, categorize and prioritize these factors by mean ranks. In the first round, experts listed all factors affecting business performance. The results of the first round were grouped and returned to the experts in the second round to score the importance of each factor. The second round showed high results consensus among the experts. Based on the favorable Kendall’s coefficient of consensus, it was not necessary to run the third round. Based on the results obtained from EOA study, a non-Financial Business Performance Indicator (n-FBPI) was developed for quantitative determination of performance of biotechnology companies. To evaluate the company’s performance, another research instrument (questionnaire) was developed. This questionnaire composed of 97 questions to evaluate the company’s external and internal environment and strength in points related to the effective factors uncovered in the first part of this study. The developed instrument was tested by 5 companies and gave quantitative measure for companies performance. Furthermore, a new website (www.biotechhorizon.com) was developed for this study for online assessment of the performance of biotechnology companies. The results of this study will help all stakeholders in biotechnology business either who are new in this type of business or who are well established by providing the current factors which have significant effect on biotechnology business performance. The n-FBPI developed will also be a useful tool for companies to evaluate their non financial performance quantitatively.
format	Thesis
qualification_level	Master's degree
author	El Enshasy, Hesham Ali
author_facet	El Enshasy, Hesham Ali
author_sort	El Enshasy, Hesham Ali
title	Studies on factors affecting business performance of biotechnology companies
title_short	Studies on factors affecting business performance of biotechnology companies
title_full	Studies on factors affecting business performance of biotechnology companies
title_fullStr	Studies on factors affecting business performance of biotechnology companies
title_full_unstemmed	Studies on factors affecting business performance of biotechnology companies
title_sort	studies on factors affecting business performance of biotechnology companies
granting_institution	Universiti Teknologi Malaysia, Faculty of Management and Human Resources Development
granting_department	Faculty of Management and Human Resource Development
publishDate	2012
url	http://eprints.utm.my/id/eprint/39010/5/HeshamAliElEnshasyMFPPSM2012.pdf
_version_	1747816538253033472

Studies on factors affecting business performance of biotechnology companies

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