Abstract

Our communication discusses the profound impact of bio-based economies - in particular microbial biotechnologies - on SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. A bio-based economy provides significant potential for improving labour supply, education and investment, and thereby for substantially increasing the demographic dividend. This, in turn, improves the sustainable development of economies.

Highlights

  • Sustainable economic growth requires innovation and adequate human capital and employment In the 2030 Agenda for Sustainable Development, which places people, planet, prosperity, peace and partnership at the centre of an action plan encapsulated in the Sustainable Development Goals, economic growth, enterprise creation and employment opportunities represent a key building block that is articulated in SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

  • Microbial Biotechnology published by John Wiley & Sons Ltd and Society for Applied Microbiology, Microbial Biotechnology, 10, 1137–1144

  • Some of the authors of this paper proposed microbial biotechnology as a priority target for infrastructure investment for economic revival of Southern European countries, following the recent economic crisis that affected these countries (Timmis et al, 2014)

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Summary

Need to nurture innovation

While the long-term success of an organization is determined by a number of indicators, originality and innovation are undoubtedly paramount, both for its successful evolution and for funder/customer perception of its quality and potential. Microbial biotechnology exploits big data in most of its diverse branches, so it will be a major beneficiary of AI-driven acceleration of data mining, prediction and discovery This means that AI will drive the creation of new enterprises and employment opportunities in the microbial biotechnology arena, and changes in the roles of existing enterprises and employees. The sustainable and adequate exploitation of AI, including the proper scrutiny of AI-findings according to scientific best practice, will necessitate significant investment in educational and collaboration programmes that maximize expertise in judging and translating AI-findings This in turn will lead to improved research and development practices of microbial biotechnologies across small and large, public and private organizations. The creation of regional activities based on regional specificities creates regional stakeholders that encourage regional efforts and inclusiveness, corporate identity, commercial participation in regional society, including education, health, culture, and regional partnerships

Retaining the return on investment in education and recruiting new talent
Attracting young professionals to the most dynamic sectors of biobusiness
Findings
Conclusions
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