National Academies Press: OpenBook

Safeguarding the Bioeconomy (2020)

Chapter: PART II: UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY

« Previous: 4 Areas of Leadership in the Global Economy
Suggested Citation:"PART II: UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY." National Academies of Sciences, Engineering, and Medicine. 2020. Safeguarding the Bioeconomy. Washington, DC: The National Academies Press. doi: 10.17226/25525.
×

PART II

UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY

Having articulated the committee’s definition for the U.S. bioeconomy and having compiled and analyzed the data available for assessing its value and its leadership position within the global bioeconomy, the report turns in Part II to examining the ecosystem in which the U.S. bioeconomy operates and methods for horizon scanning that can be used to identify new technologies, markets, and data sources with potential to drive the bioeconomy’s future development.

Chapter 5 begins by reviewing the overall U.S. system in which life sciences research is conducted and translated into innovative products and services. It covers the surrounding ecosystem—including regulatory and intellectual property regimes, investment sources, and workforce policies and structures—that fosters and supports the U.S. bioeconomy. This chapter serves as a basis for more in-depth discussions related to potential risks and associated policy gaps in subsequent chapters, recognizing that an understanding of the ecosystem is required for identifying potential risks. This chapter also explores a number of trends and innovations that are shaping and altering how the U.S. life sciences system functions.

Chapter 6 examines the various methodologies for conducting horizon-scanning and foresight activities, with a focus on applying horizon scanning as a policy tool. This chapter directly addresses the final element of the committee’s Statement of Task by examining best practices in horizon scanning and foresight. It articulates the steps needed to identify key elements of the process, considers how to optimize a horizon scan, and

Suggested Citation:"PART II: UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY." National Academies of Sciences, Engineering, and Medicine. 2020. Safeguarding the Bioeconomy. Washington, DC: The National Academies Press. doi: 10.17226/25525.
×

examines past examples. This chapter also provides case studies related to the bioeconomy that can aid in identifying issues, examples of horizon scanning conducted by different government agencies, and examples focused on different application areas (e.g., health, food safety, and the environment). Finally, this chapter reviews tools for future thinking that can be used in conjunction with a horizon scan.

These two chapters move the discussion forward by describing the dynamic system in which the U.S. bioeconomy operates and providing decision makers with a set of tools with which to anticipate and respond to changes and advances in the U.S. bioeconomy.

Suggested Citation:"PART II: UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY." National Academies of Sciences, Engineering, and Medicine. 2020. Safeguarding the Bioeconomy. Washington, DC: The National Academies Press. doi: 10.17226/25525.
×
Page 181
Suggested Citation:"PART II: UNDERSTANDING THE ECOSYSTEM AND IDENTIFYING NEW TRENDS IN THE U.S. BIOECONOMY." National Academies of Sciences, Engineering, and Medicine. 2020. Safeguarding the Bioeconomy. Washington, DC: The National Academies Press. doi: 10.17226/25525.
×
Page 182
Next: 5 The Ecosystem of the U.S. Bioeconomy »
Safeguarding the Bioeconomy Get This Book
×
Buy Paperback | $75.00 Buy Ebook | $59.99
MyNAP members save 10% online.
Login or Register to save!
Download Free PDF

Research and innovation in the life sciences is driving rapid growth in agriculture, biomedical science, information science and computing, energy, and other sectors of the U.S. economy. This economic activity, conceptually referred to as the bioeconomy, presents many opportunities to create jobs, improve the quality of life, and continue to drive economic growth. While the United States has been a leader in advancements in the biological sciences, other countries are also actively investing in and expanding their capabilities in this area. Maintaining competitiveness in the bioeconomy is key to maintaining the economic health and security of the United States and other nations.

Safeguarding the Bioeconomy evaluates preexisting and potential approaches for assessing the value of the bioeconomy and identifies intangible assets not sufficiently captured or that are missing from U.S. assessments. This study considers strategies for safeguarding and sustaining the economic activity driven by research and innovation in the life sciences. It also presents ideas for horizon scanning mechanisms to identify new technologies, markets, and data sources that have the potential to drive future development of the bioeconomy.

  1. ×

    Welcome to OpenBook!

    You're looking at OpenBook, NAP.edu's online reading room since 1999. Based on feedback from you, our users, we've made some improvements that make it easier than ever to read thousands of publications on our website.

    Do you want to take a quick tour of the OpenBook's features?

    No Thanks Take a Tour »
  2. ×

    Show this book's table of contents, where you can jump to any chapter by name.

    « Back Next »
  3. ×

    ...or use these buttons to go back to the previous chapter or skip to the next one.

    « Back Next »
  4. ×

    Jump up to the previous page or down to the next one. Also, you can type in a page number and press Enter to go directly to that page in the book.

    « Back Next »
  5. ×

    Switch between the Original Pages, where you can read the report as it appeared in print, and Text Pages for the web version, where you can highlight and search the text.

    « Back Next »
  6. ×

    To search the entire text of this book, type in your search term here and press Enter.

    « Back Next »
  7. ×

    Share a link to this book page on your preferred social network or via email.

    « Back Next »
  8. ×

    View our suggested citation for this chapter.

    « Back Next »
  9. ×

    Ready to take your reading offline? Click here to buy this book in print or download it as a free PDF, if available.

    « Back Next »
Stay Connected!