Tagliani, Giovanni;
(2024)
Long in the Making: Policy Insights from the Thai Bioeconomy Sector.
(UCL Institute for Innovation and Public Purpose (IIPP) Policy Brief
29).
UCL Institute for Innovation and Public Purpose: London, UK.
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Abstract
• While the presence of natural resource endowments and a developed agricultural sector serve as prerequisites, the implementation of innovation and market-shaping industrial policy is essential to achieve value addition in bioproductions • The current development of the Thai bioeconomy sector has its origins in the innovation initiatives implemented in the early 2000s by the Thai National Innovation Agency (NIA) in collaboration with a few major private and public sector actors. • The 2017 Bio-Circular-Green (BCG) Strategy marks the mainstreaming, rather than the establishment, of bioproductions as targets for industrial policy in Thailand. • Value addition in bioproductions has been achieved not just through the BCG Strategy, but through a 20-year constant adaption of policy to the innovation phase and to different levels of technological sophistication, from biofuels to bioplastics, leaving a valuable policy legacy. • Regulatory, governance and market-shaping reforms are needed for the development of the biotech industry in higher value-added productions, such as biopharmaceuticals.
| Type: | Working / discussion paper |
|---|---|
| Title: | Long in the Making: Policy Insights from the Thai Bioeconomy Sector |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://www.ucl.ac.uk/bartlett/public-purpose/publ... |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Inst for Innovation and Public Purpose |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10190786 |
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