BIOEC300 Introduction to Bioeconomy and Biologically Based Value Creation

The sector of bioeconomy, it´s current place in the economy and the future potential. Connected to sustainability, circular economy, innovation, value creation and business development.

Cases from bioeconomy value chains: Forest, biorefining, aquaculture, and farming.

Theoretical research perspectives in the field of bioeconomy and business administration. Weight is given to the cross functional nature of value creation in the field of bioeconomy.

Political and social challenges: Governance, market incentives, and governmental regulations. Focus on trade-offs related to negative externalities caused by bioeconomic activities.

Knowledge:

The student has:

• Advanced understanding of the concept of bioeconomy and the different perspectives included in this concept.I
• n-depth knowledge of the challenges facing the world in the 21st century, and understanding of how the bioeconomy can contribute to sustainable development.
• Overview of biobased business and value creation - status and potential.
• Knowledge of forests, soil and water as ecosystems and generators of biomass.
• Knowledge of how interaction across disciplines and industries can contribute to innovation within biologically based industries.

Skills

The student:

• Has ability to analyze, plan and implement cross-functional innovation and development processes in bio-based production environments.
• Understands how organizations, groups and teams function, and can coordinate and lead cross-functional project work.
• Has ability to communicate and cooperate cross functionally in the various structures in the bioeconomy.

General competence:

The student:

• Can analyze sustainable value creation in the bioeconomy.
• Has the ability to analyze theoretical, methodical and political issues and trade-offs both individually and in teams.
• Can identify the need for competence and create project teams for handeling cross-functional challenges.