Title: Role of innovation in commercialisation of bioenergy research

Authors: Mustafa Özilgen

Addresses: Food Engineering Department, Yeditepe University, 34755 Kayisdagi Istanbul, Turkey

Abstract: Timeline of the bioenergy research is reviewed by referring to the level of the available biology knowledge. Before 1990s, bioenergy research exploited the limited knowledge of anaerobic fermentation. With the discovery of the photosynthetic green algae, research aimed converting their lipids into biodiesel. During the last ten years, after learning the consequences of the failure of the energy management in the body, bioenergy research started to focus on the health issues. Multibillion-dollar demand for the innovated bioenergy research products is the driving force of the bioenergy innovations. Research universities and entrepreneurs are the major players of these activities. A major part of the innovated products is commercialised by the start-ups, but less than 10% of them are successfully commercialised while the others fail especially when the entrepreneur runs out of cash and leaves. Therefore, intervention of the governments to the process with strong commitment is needed.

Keywords: bioenergy; research; biology knowledge; innovation; commercialisation; product; startup; entrepreneur; bioenergy management; multi-billion-demand.

DOI: 10.1504/IJRIC.2019.104008

International Journal of Research, Innovation and Commercialisation, 2019 Vol.2 No.2, pp.77 - 90

Received: 08 Sep 2018
Accepted: 05 Nov 2018

Published online: 06 Dec 2019 *

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