Abstract

Like all bioeconomies, markets in synthetic biology will reconfigure complex arrangements of coupled social, technological, and biogeophysical systems. These rearrangements will create novel pathways for risks to propagate across and through systems that will be difficult if not impossible to predict or analyze using conventional risk assessment paradigms. To anticipate potential risks, new approaches will be needed to model cross-system dynamics, using methods that successfully integrate and synthesize diverse forms of knowledge about quantifiable and non-quantifiable features of multiple systems and to ensure early phase innovations are sufficiently transparent to assess the broad system reconfigurations associated with new market development.

Original languageEnglish (US)
Pages (from-to)124-127
Number of pages4
JournalJournal of Responsible Innovation
Volume2
Issue number1
DOIs
StatePublished - Jan 2 2015

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Risk assessment
Dynamical systems
Innovation
Modeling
Synthetic Biology
Paradigm
Market development
Rearrangement
Reconfiguration
System dynamics
New markets
Pathway

Keywords

  • bioeconomy
  • risk
  • sociotechnical system
  • synthesis
  • synthetic biology

ASJC Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Information Systems and Management

Cite this

Modeling risk in complex bioeconomies. / Miller, Clark.

In: Journal of Responsible Innovation, Vol. 2, No. 1, 02.01.2015, p. 124-127.

Research output: Contribution to journalArticle

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