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Yes, Europe can be a global market leader in Bioeconomy

  • Innomedica
  • Yes, Europe can be a global market leader in Bioeconomy
October 28, 2013

Yes, Europe can be a global market leader in Bioeconomy

Sitting on the plane on my way back from EFIB, I am reflecting on all the discussions with tens of people enthusiastic about industrial biotechnology and the message of the last panel where Lars Hansen (President, Novozymes, Europe) and Stephan Tanda (Managing Board Member, DSM) said: YES, we can make Europe the leader of bioeconomy and biobased industry.

From the two days intensive program, some take-home messages were:

  • A CO2 economy is coming and a decarbonisation is inevitable, so a massive wave of innovations are needed.
  • A stable policy climate is needed to reduce the risks for investments on technology.
  • Consumers choose their products because of the key benefit to the consumer not because it is sustainabe. Sustainability might be the 2nd or 3rd advantage at best.
  • Industry-Academy collaboration is vital to tackle the bioeconomy hurdles.

After an event like EFIB, one is full of ideas what should be done to make the world a better place and the business run even better. Action items conserning the first and last bullet might be the easiest to start with.

I am also happy to have discussed with several of the European industrial biotechnology leaders who see bringing together collective intelligence as a must to make successful and sustainable business.

While waiting to start the follow-up meetings, I look forward to next years meeting, which is organized at the origines of industrial biotechnology and alcohol fermentation, the Champagne.

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