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Value Chains for Industrial Biotechnology in the Bioeconomy-Innovation System Analysis

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  • Sven Wydra

    (Fraunhofer Institute for Systems and Innovation Research, Breslauer Str. 48, Karlsruhe 76131, Germany)

Abstract

Industrial Biotechnology (IB) is considered as a key technology with a strong potential to generate new growth, spur innovation, increase productivity, and tackle environmental and climate challenges. Industrial Biotechnology is applied in many segments of the bioeconomy ranging from chemicals, biofuels, bioenergy, bio-based plastics, and other biomaterials. However, the segments differ profoundly regarding volume, price, type, and amount of needed feedstock, market condition, societal contributions as well as maturity, etc. This article aims to analyse a set of five different value chains in the technological innovation system (TIS) framework in order to derive adequate policy conclusions. Hereby, we focus on quite distinctive value chains to take into account the high heterogeneity of biotechnological applications. The analysis points out that policy maker have to take into account the fundamental differences in the innovation systems and to implement differentiated innovation policy to address system weaknesses. In particular, market formation is often the key bottleneck innovation systems, but different policy instruments for various application segments needed.

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  • Sven Wydra, 2019. "Value Chains for Industrial Biotechnology in the Bioeconomy-Innovation System Analysis," Sustainability, MDPI, vol. 11(8), pages 1-16, April.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:8:p:2435-:d:225602
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    Cited by:

    1. Alexandra Gottinger & Luana Ladu & Rainer Quitzow, 2020. "Studying the Transition towards a Circular Bioeconomy—A Systematic Literature Review on Transition Studies and Existing Barriers," Sustainability, MDPI, vol. 12(21), pages 1-25, October.
    2. Fischer, Lennart & Losacker, Sebastian & Wydra, Sven, 2024. "National specialization and diversification in the bioeconomy: Insights from biobased technologies in chemical and pharmaceutical sectors," Technology in Society, Elsevier, vol. 76(C).
    3. José Magano & Cláudia Sousa Silva & Micaela Martins, 2021. "Project Management in the Biotech Context: Exploring the Interrelation between Maturity and Sustainable Project Management," Sustainability, MDPI, vol. 13(21), pages 1-17, November.
    4. Alberto Bezama & Carlo Ingrao & Sinéad O’Keeffe & Daniela Thrän, 2019. "Resources, Collaborators, and Neighbors: The Three-Pronged Challenge in the Implementation of Bioeconomy Regions," Sustainability, MDPI, vol. 11(24), pages 1-18, December.
    5. Wilde, Kerstin & Hermans, Frans, 2021. "Innovation in the bioeconomy: Perspectives of entrepreneurs on relevant framework conditions," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 314.
    6. Aminullah, Erman, 2024. "Forecasting of technology innovation and economic growth in Indonesia," Technological Forecasting and Social Change, Elsevier, vol. 202(C).

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