bioeconomy
Noun
Meaning
bioeconomy (plural bioeconomies)
An economy based on biotechnology
Synonyms
Examples
Aalto University and VTT Technical Research Centre of Finland Ltd will set up a competence center for materials bioeconomy called CERES to develop new materials for securing a sustainable future.
He pointed out that “Indeed, a well-crafted bioeconomy strategy will invariably address about a half of the Sustainable Development Goals (SDGs)”
A 2015 USDA study of the bioeconomy found that the biobased products industry generates $369 billion and 4 million jobs each year for our economy.
Cooperation between Aalto University and VTT creates a unique foundation for new bioeconomy innovations.
Although the development of such inventories is key to driving the future Northern bioeconomy, there are significant obstacles to doing such work manually.
In 2008, the bioeconomy employed 20.76 million Europeans.