Businesses of this sort account for around a third of jobs and private-sector GDP, have a manufacturing and export bent (though less so in Britain) and combine the benefits of small-firm flexibility with large-firm economies of scale.
The upcoming vote pits the newly reconstituted board and turnaround management team at Tessera, a technology development and licensing firm that invented chip-scale packaging (CSP) technology for improved semiconductor performance in the 1990s and is now blazing a trail in advanced semiconductor interconnect technology, against a board takeover attempt by the activist hedge fund Starboard Value LP.
If it worked, Vertex would have a huge lead in kinase-blockers, but the firm lacked the money to mount a large-scale program alone.
Earlier this year, the firm won permission for a similarly large-scale fish farm on Loch Torridon in the north-west Highlands.
BBC: Scottish Salmon Company boosts capacity with Mull licence
The proposed facility at Pendine would be to rear young ragworms on a far greater scale - allowing the firm to expand into the shrimp and prawn feed sector.
Australian Oil and Gas pumps oil in Libya, while logistics firm Korea Express is taking over a large-scale water project in the North African country.
Wave Hub Limited, which was created by the government to operate the device, said it was "delighted" Irish firm Ocean Energy Ltd (OEL) was expected to deploy a full-scale device at the hub.
Lefkofsky announced in a blog post Monday that he plans to scale back his duties at the deal-finding web company to focus more on his venture capital firm, Lightbank LLC.
FORBES: Billionaire Harold Hamm Made News, Money Tuesday Backing American Independence
Sir George Buckley, the boss of 3M, a big firm with a 109-year history of innovation, argues that companies like his can combine the virtues of creativity and scale. 3M likes to conduct lots of small experiments, just like a start-up.
ECONOMIST: Why large firms are often more inventive than small ones
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