Delivering impactful solutions for the bioeconomy. (May 2023)

• Record Type: Journal Article
• Authors: Hankamer, Ben; Pregelj, Lisette; O'Kane, Shane; Hussey, Karen; Hine, Damian
• Is Part Of: Trends in plant science. Volume 28:Number 5(2023)
• Page Start: 583
• Page End: 596
• Publication Date: 2023-05
• Subjects: plant biotechnology -- innovation -- value framework -- commercialization -- business -- bioeconomy; Botany -- Periodicals; Botanique -- Périodiques; Botany; Periodicals; 580.5
• DOI: 10.1016/j.tplants.2023.02.007
• Languages: English
• ISSNs: 1360-1385

Abstract

Highlights: Photosynthesis forms the basis of new light-driven biomanufacturing platforms. Circular bioeconomy solutions are key to operating in our planetary boundaries and meeting UN SDGs. Translation and commercialization activities are essential to deliver impactful solutions. The Commercialization Tourbillon framework supports innovation translation and commercialization. This helps deliver innovations for optimized economic, social, and environmental benefits. Abstract: We are increasingly challenged to operate within our planetary boundaries, while delivering on United Nations (UN) Sustainable Development Goal (SDG) 2030 targets, and net-zero emissions by 2050. Failure to solve these challenges risks economic, social, political, climate, food, water, and fuel security. Therefore, new, scalable, and adoptable circular economy solutions are urgently required. The ability of plants to use light, capture CO2, and drive complex biochemistry is pivotal to delivering these solutions. However, harnessing this capability efficiently also requires robust accompanying economic, financial, market, and strategic analytics. A framework for this is presented here in the Commercialization Tourbillon. It supports the delivery of emerging plant biotechnologies and bio-inspired light-driven industry solutions within the critical 2030–2050 timeframe, to achieve validated economic, social, and environmental benefits.