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  • Entrepreneurship in the science-based industries is often the result of collective actions undergone by entrepreneurial groups. The origins of the biotech industry provide many examples. In the plasma protein industry, which has registered a continuous growth since 1910 and an accelerated process of mergers and acquisitions in the last decades, there are three leading corporations whose history reflects collective entrepreneurship: Baxter with headquarters in the United States (start 1931), CSL Behring in Australia (start 1916) and Grifols in Spain (start in plasma business in 1940). This article provides a historical overview of the industry and how the making of collective entrepreneurship allowed a challenger like Grifols, from a late industrialized country such as Spain, to cross entry barriers in the plasma industry, buy many of the pioneering corporations, and establish a global leadership position. This article argues that the long-term trust-based personal and professional relationships established by the entrepreneurial Spanish family lab, with managers from the US and Japanese corporations, produced a collective entrepreneurial hub of connections that made possible a long-term sustained process of innovation and globalization in a highly specialized biomedical industry. (xsd:string)
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  • 2019 (xsd:gyear)
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  • 2019 (xsd:gyear)
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  • 10.12759/hsr.44.2019.4.75-95 ()
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  • en (xsd:string)
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  • 0172-6404 ()
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  • 4 (xsd:string)
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  • Pioneers and Challengers in the Global Plasma Protein Industry, 1915-2015 (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
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  • GESIS-SSOAR (xsd:string)
  • In: Historical Social Research, 44, 2019, 4, 75-95 (xsd:string)
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  • 44 (xsd:string)