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Exceeding planetary boundaries, and especially climate change, requires economies worldwide to decarbonize and to incorporate principles of sustainable development. Transforming a traditional economy into a sustainable bioeconomy by replacing fossil resources through renewable biogenic resources offers a solution to this end. However, seemingly opposing transition perspectives (i.e., technology-based vs. socio-ecological) lead to fragmented efforts, and the exact form of the transition pathway to the goal of a bioeconomy remains unclear. We examine the issue by involving an international expert sample in a Delphi survey and subsequent cross-impact analysis. Based on the experts’ views, we present a list of events necessary to achieve the transformation ranked by the experts to reflect their urgency. The cross-impact analysis facilitates combining the eight most urgent events to create an integrated model of the transition to a sustainable bioeconomy. Our findings suggest that, rather than bioeconomy strategies, investment in the relevant sectors currently constitutes the main bottleneck hindering such a transition.
Sebastian Hinderer; Leif Brändle; Andreas Kuckertz. Transition to a Sustainable Bioeconomy. Sustainability 2021, 13, 8232 .
AMA StyleSebastian Hinderer, Leif Brändle, Andreas Kuckertz. Transition to a Sustainable Bioeconomy. Sustainability. 2021; 13 (15):8232.
Chicago/Turabian StyleSebastian Hinderer; Leif Brändle; Andreas Kuckertz. 2021. "Transition to a Sustainable Bioeconomy." Sustainability 13, no. 15: 8232.
The discovery of the coronavirus (SARS-CoV-2) and the spread of COVID-19 have led many governments to take drastic measures. The lockdown of large parts of society and economic life has come as an exogenous shock to many economic actors, not least innovative startups. This rapid response research combines a qualitative research design informed by entrepreneurial ecosystem actors with an analysis of policy measures called for, announced, and reportedly implemented in the international press. Interviews from an entrepreneurial ecosystem offer a first-hand account of the adversity startups face during a crisis and how by utilizing bricolage responses they cope, and the analysis of policy measures can serve as an inspiration to design support initiatives to protect startups from the consequences of the current lockdown and to alleviate the effects of future crises. The lockdown measures as a response to the spread of the new coronavirus threaten the existence of many innovative startups. Our rapid response research first illustrates the challenges entrepreneurs face as a consequence of the crisis. Second, we illustrate how entrepreneurs are dealing with the effects of the crisis and what they are doing to protect their ventures. Finally, we present measures that could be utilized by policymakers to assist entrepreneurs facing challenges. The research conducted suggests that while startups are successfully leveraging their available resources as a first response to the crisis, their growth and innovation potential are at risk. Therefore, policy measures should not only provide first aid to startups by alleviating the pressure caused by constrained cashflow, but also involve long-term measures embedded in and supported by the wider entrepreneurial ecosystem to ensure rapid recovery and growth.
Andreas Kuckertz; Leif Brändle; Anja Gaudig; Sebastian Hinderer; Carlos Arturo Morales Reyes; Alicia Prochotta; Kathrin M. Steinbrink; Elisabeth S.C. Berger. Startups in times of crisis – A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights 2020, 13, e00169 -e00169.
AMA StyleAndreas Kuckertz, Leif Brändle, Anja Gaudig, Sebastian Hinderer, Carlos Arturo Morales Reyes, Alicia Prochotta, Kathrin M. Steinbrink, Elisabeth S.C. Berger. Startups in times of crisis – A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights. 2020; 13 ():e00169-e00169.
Chicago/Turabian StyleAndreas Kuckertz; Leif Brändle; Anja Gaudig; Sebastian Hinderer; Carlos Arturo Morales Reyes; Alicia Prochotta; Kathrin M. Steinbrink; Elisabeth S.C. Berger. 2020. "Startups in times of crisis – A rapid response to the COVID-19 pandemic." Journal of Business Venturing Insights 13, no. : e00169-e00169.
Successful entrepreneurs exploit entrepreneurial opportunities to establish their enterprises. The food industry is a setting in which many such opportunities exist. To shed light on those specific entrepreneurial opportunities, we combine a five-step model of the food value chain ranging from agriculture to consumption with classic economic sources of entrepreneurial opportunities, that is, changes in supply, changes in demand, exogenous shocks, or informational asymmetries prevalent in the market. We proxy for entrepreneurial opportunities by shedding light on where start-up investors assign their capital in the food value chain. Data drawn from the Dow Jones VentureSource database is recoded to illustrate this investment behavior. Consequently, we are able to (a) illustrate where in the food value chain in particular investors perceive the most upside potential and (b) construct a map of the entrepreneurial opportunity space in the food industry. The results are informative, particularly for aspiring food entrepreneurs searching for entrepreneurial opportunities and aiming to raise funding for their entrepreneurial endeavors.
Andreas Kuckertz; Sebastian Hinderer; Patrick Röhm. Entrepreneurship and entrepreneurial opportunities in the food value chain. npj Science of Food 2019, 3, 6 .
AMA StyleAndreas Kuckertz, Sebastian Hinderer, Patrick Röhm. Entrepreneurship and entrepreneurial opportunities in the food value chain. npj Science of Food. 2019; 3 (1):6.
Chicago/Turabian StyleAndreas Kuckertz; Sebastian Hinderer; Patrick Röhm. 2019. "Entrepreneurship and entrepreneurial opportunities in the food value chain." npj Science of Food 3, no. 1: 6.