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The Bioeconomy From The Point Of View Of Innovation Economics

A. Pyka
Published 2020 · Economics

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After more than 200 years of industrial production, large portions of humankind are wealthier than ever before. At the same time, industrial production to date is closely linked to the exploitation of natural resources. The influence of human activity has assumed global proportions, as can be seen most clearly from the accumulation of climate-damaging gases in the atmosphere. This has put human survival on planet Earth at risk. Continuing “business as usual” is no longer an option. But how can the future be shaped, and humanity provided with a high or even increasing level of welfare, without continuing to endanger the natural foundations of life? At the beginning of the twenty-first century, many economies worldwide are linking their answers to this question with the knowledge-based bioeconomy. Is this really a way out? This will be examined in the following from the perspective of innovation economics.
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