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Methods

This report has been based on the qualitative-
20
exploratory field study conducted in 2018-2019 to
understand the challenges that digital entrepreneurs
face to appropriate value from bio-data infrastructures.

Further, an open questionnaire with 54 participating
bioinformatics companies was used to get a deeper
understanding of business models, scalability
and resources of importance. Databases, such as
Crunchbase, Thomson Reuters, Dealroom, Amadeus
and LinkedIn, were used to support this report and
complement the field studies. The ecosystem analysis
presented in this report focused on SMEs that have
been founded after 2001, and that have neither been
dissolved nor sold or integrated into large corporations.

Complementary to our own data and analysis, this
report also refers to insights from the ‘Regional
21
Innovation Scoreboard (RIS)’ , which provides a
comparative assessment of the regional research and
innovation performance of the EU Member States
and the relative strengths and weaknesses of their
innovation ecosystems.

Together, we compared our results to explain
the attractiveness of individual ecosystems for
bioinformatics companies within each ecosystem.

20 Rothe, H., Jarvenpaa, S. & Penninger, A. How do entrepreneurial firms
appropriate value in bio data infrastructures: an exploratory qualitative study.
Res. Pap. (2019).
21 Regional innovation scoreboard | Internal Market, Industry, Entrepreneurship
and SMEs. https://ec.europa.eu/growth/industry/policy/innovation/regional_en.