The Office of Science and Technology Policy (OSTP) has released the “National Bioeconomy Blueprint,” which highlights the steps the federal government could take to accelerate economic growth that comes from discoveries in biological research. The five strategic objectives that are outlined in the Blueprint include the following:
- Support for R&D investments, including trans-disciplinary and research across federal science agencies.
- Facilitate transition of inventions from research labs to market, including a focus on translational and regulatory sciences.
- Develop and reform regulation to reduce barriers and streamline processes.
- Update training programs and align academic institution incentives with student training for national workforce needs.
- Identify and support opportunities for public-private partnerships and precompetitive collaborations.
Upon releasing the Blueprint, OSTP Director John P. Holdren said, “This Administration is committed to accelerating these advances and ensuring that federal agencies and private entities work together to bring the benefits of the bioeconomy to market as quickly as possible.”