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8 - Innovation Systems and Global Value Chains in the Bioeconomy

from Part III

Published online by Cambridge University Press:  26 October 2023

Piergiuseppe Morone ,
Dalia D'Amato ,
Nicolas Befort  and
Gülşah Yilan
Piergiuseppe Morone
Affiliation:
Unitelma Sapienza
Dalia D'Amato
Affiliation:
Finnish Environment Institute (Suomen Ympäristökeskus - SYKE)
Nicolas Befort
Affiliation:
NEOMA BS
Gülşah Yilan
Affiliation:
Unitelma Sapienza University of Rome
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Summary

The objective of this chapter is to present two approaches useful in the study of the formation and dynamics of particular systems in the bioeconomy. Innovation systems have a horizontal perspective to production processes, while value-chains analysis adopts a vertical perspective. The innovation system approach conceptualises the circulation of knowledge within systems and the way in which the institutional environment favours the development of innovation. The value chain approach is interested in the co-creation of value, its circulation in the international division of labour, and the relations between regions in the world.

Keywords

global value chainsinnovation systemshorizontal perspectivevertical perspectivedivision of labour
Type
Chapter
Information
The Circular Bioeconomy
Theories and Tools for Economists and Sustainability Scientists
 , pp. 150 - 165
Publisher: Cambridge University Press
Print publication year: 2023

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