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Walking the talk? Innovation policy approaches to unleash the transformative potentials of the Nordic bioeconomy.

Walking the talk? Innovation policy approaches to unleash the transformative potentials of the Nordic bioeconomy.

Authors :
Scordato, Lisa
Bugge, Markus M
Hansen, Teis
Tanner, Anne
Wicken, Olav
Source :
Science & Public Policy (SPP); Apr2022, Vol. 49 Issue 2, p324-346, 23p
Publication Year :
2022

Abstract

This article explores whether and how innovation policies promote transitions to more sustainable configurations in socio-technical systems. Empirically it departs from an analysis of the bioeconomy policy strategies and instruments in four Nordic countries. The analysis highlights that while a transformative approach is present at the policy strategy level in the Nordic countries, the bioeconomy policy instruments implemented are significantly less transformative. The article argues that a bioeconomy transition that contributes to sustainable development will require a redirection of policies towards transformative failures (directionality, policy coordination, demand articulation, and reflexivity). In this regard, it is important that policymakers experiment with and explore ways of balancing between traditional market and innovation system approaches and new policy approaches for transformative change. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03023427
Volume :
49
Issue :
2
Database :
Complementary Index
Journal :
Science & Public Policy (SPP)
Publication Type :
Academic Journal
Accession number :
156940223
Full Text :
https://doi.org/10.1093/scipol/scab083