earticle

영어

Biotechnology offers technological solutions for the issues: the limited availability of fossil fuel in the future, the overdependence on oil-exporting countries, and the reduction of greenhouse gas(GHG) emissions. The application of biotechnology could result in an emerging "bioeconomy" where biotechnology contributes to a significant share of economic output. Adaption and implementation of biotechnologies will greatly affect and change the way people live. For the successful bioeconomy era, considerable uncertainties facing both public and private sectors in our economies will need to be throughly discussed. So, this study estimated and evaluated the impact of the bioeconomy by input-output table. It turns out that the production inducement coefficients is 1.8687p with bio-industry. Comparing to 1.8445p without bio-industry, 0.0242p is increased. Consequently, if bio-industry is not promoted, local productive capacity will be spilled with dependence on overseas bio-industry. It is induced growth potential of bio-industry deteriorated. To capture and to enhance the benefits of the bio-industry, positive support is required.