The perfect mix of big firms surrounded by entrepreneurial start-ups

MARKETPLACE: "Dreaming Of Deals In Pharma," by Natasha Singer and Duff Wilson, New York Times, 25 February 2009.

Neat little article with accompanying map that shows the big firms of Big Pharma (J&J, Novartis, Pfizer, Roche and Glaxo-SmithKline) and their likely takeover targets of the medium tech innovators and the smaller ones a size below.

Baumol et. al, in Good Capitalism, Bad Capitalism, talked about the perfect capitalism mix being big firms surrounded by a sea of smaller entreprenuers. Big Pharma and the IT sector are often cited as classic examples.

Just a neat map to give you a sense of the playing field.

[Ed. Unfortunately, the map is not available on the NYT free site.]

Comments

[Gunnar]

Biotech is booming - there are now more pharma employees in CA than in NJ