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The Systems Innovation approach for the sustainable development of the Blue Economy

Author

Listed:
  • Lydia Papadaki

  • Ebun Akinsete

    (ICRE8)

  • Alice Guittard

    (ICRE8)

  • Phoebe Koundouri

Abstract

A comprehensive, innovation-driven approach that incorporates policy frameworks, stakeholder collaboration, and adaptive governance is necessary for the sustainable development of the blue economy (BE). This chapter investigates the potential of systems innovation to resolve critical issues in the maritime sector, such as sustainable fisheries, offshore renewable energy, and marine tourism. It emphasises the significance of cross-sector synergies, data-driven decision-making, and multi-stakeholder engagement in the promotion of long-term sustainability. The chapter also identifies obstacles, including financial constraints, policy misalignment, and data fragmentation, that impede the widespread implementation of sustainable solutions. The chapter offers insights into strategies for accelerating the transition to a sustainable BE and enhancing resilience by examining successful case studies and innovation ecosystems. Key future directions include developing digital platforms for real-time data exchange, improving regulatory coherence, and expanding innovation hubs that bring together policymakers, businesses, researchers, and local communities. In conclusion, the chapter promotes a comprehensive transformation model that emphasises stakeholder-driven governance and systemic innovation as critical components of the blue economy's future.

Suggested Citation

  • Lydia Papadaki & Ebun Akinsete & Alice Guittard & Phoebe Koundouri, 2026. "The Systems Innovation approach for the sustainable development of the Blue Economy," DEOS Working Papers 2611, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:2611
    as

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    File URL: http://wpa.deos.aueb.gr/docs/2611.Systems.Innovation.Review.pdf
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    References listed on IDEAS

    as
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    5. Ines Mergel, 2018. "Open innovation in the public sector: drivers and barriers for the adoption of Challenge.gov," Public Management Review, Taylor & Francis Journals, vol. 20(5), pages 726-745, May.
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