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Academic Entrepreneurship, Bioeconomy, and Sustainable Development

Academic Entrepreneurship, Bioeconomy, and Sustainable Development
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Author(s): Oluwaseun James Oguntuase (Lagos State University, Lagos, Nigeria)
Copyright: 2020
Pages: 26
Source title: Handbook of Research on Approaches to Alternative Entrepreneurship Opportunities
Source Author(s)/Editor(s): José Guilherme Leitão Dantas (CARME, School of Technology and Management, Polytechnic of Leiria, Portugal)and Luísa Cagica Carvalho (Instituto Politécnico de Setúbal, Portugal & CEFAGE, University of Évora, Portugal)
DOI: 10.4018/978-1-7998-1981-3.ch003

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Abstract

The potential of academic entrepreneurship towards achieving sustainable development has been established. Likewise, sustainability is an inherent characteristic of the bioeconomy. Academics are expected to play significant roles in the successful implementation of bioeconomy through scientific research and entrepreneurship. This chapter takes academic entrepreneurship as a process that creates value from research and technology commercialisation in a bioeconomy towards achieving sustainable development in the society. The chapter employs a systematic literature review approach to identify the opportunities at the intersection of academic entrepreneurship, bioeconomy, and sustainable development. The framework of technological innovation systems (TIS) will guide this study. The chapter will conclude that the future of sustainable development in our resources-constrained planet lies in plethora of academic entrepreneurial opportunities and embracing such in the implementation of bioeconomy, an economic system that is viable for the future.

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