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Overview of special issue from the 2009 ICABR Conference

Author

Listed:
  • Wesseler, Justus
  • Smyth, Stuart J.
  • Scatasta, Sara

Abstract

Until the recent financial crisis, biology-based industries were some of the most rapidly growing sectors of the world economy—the biofuels business was booming, agriculture commodity prices were high, agricultural biotechnology firms were making record profits, and the pharmaceutical industry was increasingly based on biologics. A recent European Union report has estimated that the contribution of modern biotechnology to the European Union’s gross value added is just under 2%, about the same size as the contribution of all agriculture or the chemical industry. The financial crisis has had impacts on the bio-economy, and these impacts will continue. The bio-economy has been ‘emerging’ for some time now and questions about what exactly fits into the bioeconomy, how important it is, and how large it will be in the future are important topics for debate. Within the bioeconomy, some components are emerging, but several major constraints to further growth still exist. These aspects and a few more were discussed at the 13th International Consortium on Agricultural Biotechnology Research (ICABR) conference on ‘The Emerging Bioeconomy.’1 This special issue includes a selection of 10 articles presented at the conference. The issue further includes a summary of the key findings from the conference as well as the Santaniello Memorial Lecture given by Odin Knudsen, Managing Director of Environmental Markets at J.P. Morgan.

Suggested Citation

  • Wesseler, Justus & Smyth, Stuart J. & Scatasta, Sara, 2010. "Overview of special issue from the 2009 ICABR Conference," MPRA Paper 25601, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:25601
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    File URL: https://mpra.ub.uni-muenchen.de/25601/1/MPRA_paper_25601.pdf
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    References listed on IDEAS

    as
    1. Sara Savastano & Pasquale Lucio Scandizzo, 2010. "The Adoption and Diffusion of GM Crops in USA: A Real Option Approach," CEIS Research Paper 169, Tor Vergata University, CEIS, revised 20 Jul 2010.
    2. Smyth, Stuart J. & Falck-Zepeda, José B. & Gray, Richard S. & Nassem, Anwar & Paarlberg, Robert & Phillips, Peter W. B. & Pray, Carl E. & Savastano, Sara & Scandizzo, Pasquale L. & Scatasta, Sara & We, 2010. "Policy recommendations from the 13th ICABR conference on the emerging bioeconomy," MPRA Paper 25600, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    bioeconomy; technical change;

    JEL classification:

    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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