09 January 2023

Towards the new bioeconomy: Bio-manufacturing as a strategic economic development initiative for Quebec

In the CIRANO project report « Towards the new bioeconomy: Bio-manufacturing as a strategic economic development initiative for Quebec », authors Bryan Campbell, Professor Emeritus at Concordia University, CIRANO Researcher and Fellow, and Michel Magnan, Full Professor at Concordia University, CIRANO Researcher and Fellow, first describe the international reality of the "Bio Revolution" and attempt to assess Quebec's position.

Then, they present some government policies following a top-down approach from different jurisdictions. A case study of a Montreal-based company allows them to highlight the problems it faced in attracting the financial capital needed for its growth.

Another critical issue in the field is the scalability of production processes. The authors explore this issue further in agritech, a high potential sector but whose realization faces several socio-economic challenges.

This analysis serves as a backdrop to their recommendations to develop a roadmap for government support for synthetic biology.

 

Read the full report