Template-type: ReDIF-Paper 1.0 Author-Name: Filippov, Sergey Author-Email: filippov@merit.unu.edu Author-Workplace-Name: UNU-MERIT Author-Name: Kalotay, Kalman Author-Email: kalman.kalotay@unctad.org Author-Workplace-Name: UNCTAD Title: New Europe's Promise for Life Sciences Abstract: The life sciences sector (and biotechnology in particular) has emerged as a prospective area, and attracted a lot of attention recently. Multinational companies in the life sciences seek to explore new markets, and, on the other side, governments strive to develop the life sciences sector perceiving it as a basis for long-term development. Whilst the R&D activities of global multinationals in life sciences still remain concentrated in the Triadic economies, these companies increasingly seek for new location to tap the knowledge. New EU member states emerge as such prospective locations. Notwithstanding the interest towards this sector, the body of literature on the development of life sciences in new EU member states, and particularly, the role of multinational companies, remains scant. In this explorative study we attempt to fill this gap and focus on the role of multinational companies in the Czech life sciences sector. Classification-JEL: F21, F23, L65, O32 Keywords: Life Sciences, Biotechnology, Pharmaceuticals, Multinational Companies, European Union Series: UNU-MERIT Working Papers Creation-Date: 2008 Number: 026 File-URL: http://www.merit.unu.edu/publications/wppdf/2008/wp2008-026.pdf File-Format: application/pdf File-Size: 275 Kb Handle: RePEc:unm:unumer:2008026