The Bioeconomy Transition Process: Sailing through Storms and Doldrums in Unknown Waters

A transition toward a sustainable circular bioeconomy requires drastic changes across broad range of industries and their stakeholders. The current slow pace with which society tries to avert the transgression critical thresholds planetary system is worrying. However, historical case shipping industry in 19th century shows how suddenly whole can change after long period low innovation activity lock-in. We explore this example might improve understanding bioeconomy. For purpose, we analyze analogies between processes past ones observe today. Our conclusion that evolutionary shaping path naturally make use knowledge networks fossil era are characterized by co-existence, mutual learning, new forms collaboration.JEL Codes: O12, O14, O32, O33