This is the second of two reports from the Government as a Social Machine project. The first report gave an overview of the evolution of electronic/digital government, and explored the concept of 21st century government as a 'social machine'.

Michael Vitale delves into the process of commercialising Australian biotechnology, both the critical success factors and the obstacles, to paint a picture of the business reality for Australian emerging technology start-ups. Are the odds stacked against Australian biotech innovators? Or can they overcome the lack of capital, shortage of skilled management and inconsistent public policies...