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Advancing a Framework for Entrepreneurship Development in a Bioeconomy

Advancing a Framework for Entrepreneurship Development in a Bioeconomy

Oluwaseun James Oguntuase
Copyright: © 2021 |Pages: 21
ISBN13: 9781799848264|ISBN10: 1799848264|ISBN13 Softcover: 9781799864851|EISBN13: 9781799848271
DOI: 10.4018/978-1-7998-4826-4.ch014
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MLA

Oguntuase, Oluwaseun James. "Advancing a Framework for Entrepreneurship Development in a Bioeconomy." Handbook of Research on Nascent Entrepreneurship and Creating New Ventures, edited by António Carrizo Moreira and José Guilherme Leitão Dantas, IGI Global, 2021, pp. 295-315. https://doi.org/10.4018/978-1-7998-4826-4.ch014

APA

Oguntuase, O. J. (2021). Advancing a Framework for Entrepreneurship Development in a Bioeconomy. In A. Carrizo Moreira & J. Dantas (Eds.), Handbook of Research on Nascent Entrepreneurship and Creating New Ventures (pp. 295-315). IGI Global. https://doi.org/10.4018/978-1-7998-4826-4.ch014

Chicago

Oguntuase, Oluwaseun James. "Advancing a Framework for Entrepreneurship Development in a Bioeconomy." In Handbook of Research on Nascent Entrepreneurship and Creating New Ventures, edited by António Carrizo Moreira and José Guilherme Leitão Dantas, 295-315. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-4826-4.ch014

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Abstract

This chapter frames bioeconomy as a pathway to sustainable development, and entrepreneurship as the bedrock of a bioeconomy. Its objective is threefold. First, the chapter enumerates the importance of innovation and entrepreneurship in a bioeconomy. Second, the chapter identifies the key production determinants and transformative game changers in a bioeconomy that should be the focus of innovative entrepreneurial activities. Third, it presents a conceptual framework for entrepreneurship development in a bioeconomy. The chapter employs systematic literature review approach to achieve its objectives. In total, the chapter asserts that there are several entrepreneurial opportunities in a bioeconomy, spanning the production determinants, the development of transformative game changers, and in distinct innovations like substitute products, new (bio-based) products and new (bio-based) processes.

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