Innovation, Economics and Strategic Management in the Bioeconomy

category
Bio-economy
language
ENG
price
Free

Course Description

This LU will focus on the Innovation, Economics and strategic management aspects of bioeconomy aiming to provide specialized knowledge in order to cope with the economic challenges of bio-economy and circular economy, shading light on aspects such as how (new) biobased products are embedded in value chains from micro- and macroeconomic perspectives; on the establishment of cooperation among different stakeholders; on the development of sustainable innovation; and on the measurement of adoption and environmental benefits.

Learning outcomes

Knowledge

After the completion of this LU, the learner will:

  • indicate the key concepts related to bioeconomy such as, economic principles and economics, social and environmental impacts of bioeconomy policies and management schemes.
  • discuss about the economic aspects of bioeconomy 
  • outline current and future trends of bioeconomy innovation
  • be aware of strategic management tools in the bioeconomy
  • refer to financial models and indicators for the analysis of a bioeconomy business
  • identify the features of a business plan of a bio based industry
  • distinguish among the new technologies used in the bio-food sector (bioinformatics, bio preservation, sensing and biosensors, metagenomics, and proteomics)

Skills

  • After the completion of this LU, the learner will be able to:
  • apply technologies-related data management, processing and analysis of a bioeconomy business
  • apply innovation practices in agriculture management, data gathering, data analysis and decision making process including co-creation of Innovative agriculture management alternatives for bioeconomy
  • Propose and develop service products in bioeconomy

Competences

After the completion of this LU, the learner will be competent to:

  • adapt existing emerging technologies in the bio-based economy
  • explore business ideas and evaluate them by using the features of a business plan
  • explore and administer existing bioeconomy strategies

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