ABSTRACT

This chapter describes the rise of the sector in the context of the literature on small island entrepreneurship and biosciences clusters. It explains the scholarship on island entrepreneurship is reviewed, focusing on work associated with subnational island jurisdictions and the economic geography of biosciences clusters. According to Dr. Regis Duffy, one of the most signifi-cant business decisions by Diagnostic Chemicals Limited (DCL) was setting up a branch of the company in Oxford, Connecticut, in 1983 to market and distribute diagnostic kits in the United States. The federal government and provincial governments in Atlantic Canada have long-standing traditions, often highly criticized, of intervening directly in the region's economic development. Issues surrounding the characteristics of the local labor market and the qualities of human capital were complex and ambiguous. The mergers and acquisitions associated with DCL and Biovectra may be signs of the business success of those firms, sources of private capital investment and indications of maturity in the sector.