Safeguarding the Bioeconomy
National Academies of Sciences, Engineering, and Medicine ¡ Division on Engineering and Physical Sciences ¡ Health and Medicine Division ¡ Policy and Global Affairs ¡ Division on Earth and Life Studies ¡ Forum on Cyber Resilience ¡ Board on Health Sciences Policy ¡ Board on Science, Technology, and Economic Policy ¡ Board on Agriculture and Natural Resources ¡ Board on Life Sciences ¡ Committee on Safeguarding the Bioeconomy: Finding Strategies for Understanding, Evaluating, and Protecting the Bioeconomy While Sustaining Innovation and Growth
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Research and innovation in the life sciences is driving rapid growth in agriculture, biomedical science, information science and computing, energy, and other sectors of the U.S. economy. This economic activity, conceptually referred to as the bioeconomy, presents many opportunities to create jobs, improve the quality of life, and continue to drive economic growth. While the United States has been a leader in advancements in the biological sciences, other countries are also actively investing in and expanding their capabilities in this area. Maintaining competitiveness in the bioeconomy is key to maintaining the economic health and security of the United States and other nations.
Safeguarding the Bioeconomy evaluates preexisting and potential approaches for assessing the value of the bioeconomy and identifies intangible assets not sufficiently captured or that are missing from U.S. assessments. This study considers strategies for safeguarding and sustaining the economic activity driven by research and innovation in the life sciences. It also presents ideas for horizon scanning mechanisms to identify new technologies, markets, and data sources that have the potential to drive future development of the bioeconomy.
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