From Policy to Practice Actionable Recommendations for a Commercial Bioeconomy 2025

Page 31 of 39 · WEF_From_Policy_to_Practice_Actionable_Recommendations_for_a_Commercial_Bioeconomy_2025.pdf

Summarizing framework recommendations on innovation ecosystems What we’re striving for: a future where governments establish interconnected innovation ecosystems that expand access to training and facilities, promoting a technically skilled, adaptable workforce while strengthening bioeconomy capabilities. Access and education will be vital to the success of the bioeconomy and can be facilitated through the networking of individual centres and hubs into interconnected, nationwide innovation ecosystems. Successfully interconnecting individual hubs will increase access to training and educational resources. The interconnected nature of these facilities, combined with democratized access, will work towards delivering an equitable bioeconomy and driving meaningful progress while producing a steady stream of well-trained professionals and regulatory experts. By enabling wider demographics to access a global network of critical research and commercial infrastructure, companies will benefit from increased opportunities to pilot and scale bio-innovations with fewer constraints around their financial resources or geographical location. Robust innovation ecosystems encourage valuable public-private partnerships (PPPs) and support a unified approach to the development, training and commercial implementation of bio-innovation. The long-term success of bio-innovation hinges on the establishment and continuous support of a workforce that evolves in both size and capability. Developing and maintaining a skilled, adaptable workforce is essential for global competitiveness, as well as for the reskilling of present and future workforces. Introducing a bi-directional education model between scientific and regulatory communities is key to enabling the co-evolution of science and regulation. Such an interconnected, multifunctional foundation will be vital to accelerating a successful, transparent and trusted commercial bioeconomy. 31 From Policy to Practice: Actionable Recommendations for a Commercial Bioeconomy
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