Posted tagged ‘business’

Alberta’s Bioeconomy Potential

April 7, 2009

The current global economic meltdown could easily crush inventors looking for investment capital.

But according to Juan Enriquez, out of crisis comes opportunity. And Alberta companies focused on life sciences can profit from the emerging knowledge economy.

He is one of the world’s foremost authorities on the business of life sciences, a founding director of the Harvard Business School’s Life Sciences Project, and author of As the Future Catches You.

While in Edmonton recently for the Ingenuity in Our Community symposium, Enriquez offered his perspective. “The economic meltdown is in the financial and credit institutions, in the old economy. If you look at the top 10 performing stocks of last year, the ones that are doing very well, five or six of them are life science companies because people still get sick. People still need to be treated. People, if they have an additional dollar, probably want to spend it on a quality of life. So these are companies that have continued doing well, and that I expect will continue doing well despite the economic meltdown.

Enriquez says Alberta can build a life sciences industry based on its strong capacity in research, resources and entrepreneurship. √  

                                            ~ Cheryl Croucher

 Learn more about Juan Enriquez at