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Structural Change, Knowledge and the Bioeconomy

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Knowledge-Driven Developments in the Bioeconomy

Part of the book series: Economic Complexity and Evolution ((ECAE))

Abstract

The emergence of the bioeconomy is presented here as a long term process entailing important structural changes and affecting both many of the technologies we use and the structure of the world economic system. The development of the bioeconomy will depend on the availability of fossil fuels, on the impact of human activities on the environment and on the progress of science and technology. The bioeconomy is going to be highly knowledge intensive and to rely on modern biotechnology. As all important innovations the bioeconomy will lead to creative destruction, giving rise to wealth creation and to the displacement of present economic activities. Suppliers of biological inputs are likely to benefit and those of fossil fuels to suffer. However, the balance of power will tend to favour countries and regions which are centres of knowledge creation rather than suppliers of natural resources.

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Author information

Authors and Affiliations

  1. Innovation Studies Group, Faculty of Geosciences, Utrecht University, Utrecht, The Netherlands

    Pier Paolo Saviotti

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  1. Pier Paolo Saviotti
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Correspondence to Pier Paolo Saviotti .

Editor information

Editors and Affiliations

  1. University of Hohenheim , Stuttgart, Germany

    Stephan Dabbert

  2. University of Hohenheim , Stuttgart, Germany

    Iris Lewandowski

  3. University of Hohenheim , Stuttgart, Baden-Württemberg, Germany

    Jochen Weiss

  4. University of Hohenheim , Stuttgart, Germany

    Andreas Pyka

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Saviotti, P.P. (2017). Structural Change, Knowledge and the Bioeconomy. In: Dabbert, S., Lewandowski, I., Weiss, J., Pyka, A. (eds) Knowledge-Driven Developments in the Bioeconomy. Economic Complexity and Evolution. Springer, Cham. https://doi.org/10.1007/978-3-319-58374-7_2

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