Bio-based and Applied Economics (May 2023)
Learning, knowledge, and the role of government: a qualitative system dynamics analysis of Andalusia’s circular bioeconomy
Abstract
The transition from a linear bio-based economy to a sustainable circular bioeconomy depends not only on the skills that the different actors of the innovation system can find, develop, and exploit internally, but also on the efficiency with which they can access external sources of knowledge and skills related to technologies and markets. In this scenario, understanding the dynamics of learning and knowledge accumulation acquires greater importance due to the bioeconomy’s position at the confluence of several technological areas. Therefore, for this study, we apply qualitative system dynamics modelling methods to the analysis of Andalusia’s circular bioeconomy, obtaining important insights into its complexity due to the existence of non-linear processes, multiple feedback loops, and time delays. The models thus generated led to the identification of 20 key interventions points where targeted actions by governments and other actors could help overcome the pervasiveness of information asymmetry in the sector.
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