Australasian Biotechnology,
Volume 8 Number 5, September/October 1998, pp. 296-298

Business Forum
"Too little science or too little money?"

George Jessup

Code Number:AU98037
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Reflecting on this question, I was reminded of my university days where a number of well known techniques were frequently used (by other students) when dealing with difficult questions.

The first technique was to complain. My complaint is that in Australia this is a very relevant question. If we were having this meeting in an office in San Francisco right now, a more relevant question would be "Too little science or too much money" or even "Too much money for too little science". In the US at the moment, there is a weight of money for technology based ventures which is at times overwhelming and produces asset values that are unlikely to be sustained long term.