Innovation policy is in need for a rational which allows the design and evaluation of policy instruments. In economic policy traditionally the focus is on market failures and efficiency measures are used to decide whether policy should intervene and which instrument should be applied. In...

In order to counter something to the most thrilling challenges of mankind at the beginning of the twenty-first century, production and consumption systems need to transform towards sustainability. We argue that the knowledge-based bioeconomy and digitalization are two promising technological...