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2021 | OriginalPaper | Chapter

25. Bioeconomy in the Twenty-First Century: Global Trends Analysis Perspective

Author : Aleksandr Chulok

Published in: Bio#Futures

Publisher: Springer International Publishing

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Abstract

Bioeconomy as an ecosystem faces several fundamental changes, triggered by at least two wild cards – events with low probability, but huge effects – pandemic COVID-19 and low oil prices. They influence the whole landscape of global trends that constitute bioeconomy in the beginning of the year 2020. The new bio-reality will develop by five blocks: demand; supply; infrastructure; science, technology and innovation (STI); and regulation. Major changes will reveal in new consumer patterns, which shift from eco, responsible and green principles to efficient, rational and pragmatic behaviour, dramatic transformation of global value, production and logistic chains and new target KPI for world’s governments from economic growth and prosperity to survivance and national security. Will bioeconomy become a new general standard for business and society depends on proper identification and further management of global trends, presented in this chapter.

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Title: Bioeconomy in the Twenty-First Century: Global Trends Analysis Perspective
Author: Aleksandr Chulok
Publisher: Springer International Publishing
Book: Bio#Futures
Print ISBN: 978-3-030-64968-5

Electronic ISBN: 978-3-030-64969-2

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-3-030-64969-2_25

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