VBIO

National Academies of Sciences, Engineering, and Medicine Convenes Panel on Safeguarding U.S. Bioeconomy

The National Academies of Sciences, Engineering, and Medicine (NASEM) has convened an ad hoc committee to consider strategies for safeguarding and sustaining the bioeconomy, defined as the economic activity driven by research and innovation in the life sciences.  
The committee has been tasked with outlining the landscape of the U.S. bioeconomy, identifying approaches for assessing the value of the bioeconomy, developing a framework to measure the value of intangible assets, such as datasets and intellectual property, and identifying potential economic and national security risks and policy gaps.

 According to NASEM, “Maintaining competitiveness in the bioeconomy is key to maintaining the economic health and security of the United States and other nations.  This study is being undertaken to define and assess the scope of U.S. bioeconomy.”
 
In their final consensus report, the panel will identify multiple approaches to safeguarding the bioeconomy, provide analyses of the pros and cons of each strategy, and recommend the most effective strategies to protect the technologies, data, and other intellectual property, while sustaining innovation and growth.

(American Institute of Biological Sciences)


Read more about the study at http://nas-sites.org/dels/studies/bioeconomy/