This study aims to demonstrate the current and future potential of industrial biotechnology for economic recovery and modernisation. Our "economic footprint" methodology is used to support EuropaBio in providing detailed and tailor-made quantification of the economic impact of industrial biotechnology. This project provides a figure for the number of jobs created as a result of each job in industrial biotech in Europe, using an econometric model of growth and job creation through IB along the supply chain. In addition, scenario's are employed to assess the jobs and growth that will be generated by industrial biotechnology in 2020/2030.
- European Commission