2020
DOI: 10.1016/j.eist.2020.10.003
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Entrepreneurship and the sustainable bioeconomy transformation

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Cited by 60 publications
(39 citation statements)
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References 88 publications
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“…As policy plays a more important role in investments in green technology than technological progress in the field alone [69] and can also facilitate the development of lead markets for environmental innovation [70], the model clearly indicates that action from politics is needed. Moreover, policies and standards for sustainable investments serve as an enabler for sustainable venture capital [71], which contributes to the success of sustainable startups [72], which in turn contribute crucially to the bioeconomy transformation process [30].…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…As policy plays a more important role in investments in green technology than technological progress in the field alone [69] and can also facilitate the development of lead markets for environmental innovation [70], the model clearly indicates that action from politics is needed. Moreover, policies and standards for sustainable investments serve as an enabler for sustainable venture capital [71], which contributes to the success of sustainable startups [72], which in turn contribute crucially to the bioeconomy transformation process [30].…”
Section: Discussionmentioning
confidence: 99%
“…Hence, collaborations between research institutes and industry actors turn research outcomes into competitive biobased products on existing markets [26]. Bioeconomy start-ups (often spin-offs from research institutes) play a vital role in commercializing and diffusing these new technologies and substituting fossil-based industry standards [27][28][29][30]. According to the technology-based perspective, without significant technological progress and innovation, biobased products would be either unavailable due to resource constraints [31][32][33] or not competitive due to a lack of value-generating efficiency [13].…”
Section: Technology-based Bioeconomy Transitionmentioning
confidence: 99%
“…Recent scholarship has used these broader framings of the MLP to explore socio-technical transitions in a wide array of sustainability fields, such as energy (Lin et al, 2019;Zhang et al, 2020), solid waste (Gaeta et al, 2021), and bioeconomic transformation (Kuckertz et al, 2020). However, to the best of our knowledge the TM framework has not been systematically applied to examine P sustainability transitions (El Bilali, 2020).…”
Section: Transition Management (Tm)mentioning
confidence: 99%
“…Interaction of activities on a micro-, meso-(entrepreneurial ecosystems or clusters), and macro-(governmental vision) levels result in acknowledging the importance of entrepreneurship perspectives. The interaction also serves as an essential resource for societal and economic transformation, motivated by creating and reconfiguring value chains while seeking stable solutions [33].…”
Section: Innovations In Forest Bioeconomymentioning
confidence: 99%
“…Outside the EU, innovations being implemented are focused differently, as in the US, where the bioeconomy has gained interest too recently. In contrast to the EU, which emphasizes sustainability, the trend in the US includes genomic sequencing for individuals and a stronger focus on life science [33]. In 2012, the government released a document, "National Bioeconomy Blueprint" recognizing biotechnological innovation as a strong driver of bioeconomy growth.…”
Section: Innovations In Forest Bioeconomymentioning
confidence: 99%