**4. Summary**

In the bioeconomy context, the consumer-centric and circular economy way of thinking combined with digitalization leads to a digitalized bioeconomy that satisfies the concerns for eco-consciousness and increases competitiveness across the value chain as illustrated in **Figure 7**.

Digitalized bioeconomy enables (1) bioeconomy monitoring system based on big data analytics, (2) smart design and manufacturing to meet downstream needs across the value chain, (4) collaborative governance of natural resources, (5) decentralized production, (6) efficient management of raw material streams, (7) data-based business models and decision-making tools, and (8) consumer-centric innovations and so on.

**Figure 7.**

*Concept of digitalized bioeconomy Source: Authors' elaboration based on Watanabe et al. [28] and Mistra [29].*

**137**

**Author details**

provided the original work is properly cited.

Chihiro Watanabe1,2\* and Nasir Naveed1

*Digital Solutions in the Forest-Based Bioeconomy DOI: http://dx.doi.org/10.5772/intechopen.84828*

© 2019 The Author(s). Licensee IntechOpen. This chapter is distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/ by/3.0), which permits unrestricted use, distribution, and reproduction in any medium,

1 Faculty of Information Technology, University of Jyväskylä, Finland

2 International Institute for Applied Systems Analysis (IIASA), Austria

\*Address all correspondence to: watanabe.c.pqr@gmail.com

*Digital Solutions in the Forest-Based Bioeconomy DOI: http://dx.doi.org/10.5772/intechopen.84828*

*Elements of Bioeconomy*

**4. Summary**

innovations and so on.

(downstream) transforms into creative disruption platform. First, the disruption and creation are observed within the upstream and downstream. Further development of digital solutions in the downstream instigates disruption in upstream with the prospect of new developments and consequent creation of new business system in the downstream. Thus, all stakeholders involved in the value chain of forestbased bioeconomy will play different roles and interact each other to accelerate the consolidation of upstream and downstream which will in turn lead to the emer-

In the bioeconomy context, the consumer-centric and circular economy way of thinking combined with digitalization leads to a digitalized bioeconomy that satisfies the concerns for eco-consciousness and increases competitiveness across

Digitalized bioeconomy enables (1) bioeconomy monitoring system based on big data analytics, (2) smart design and manufacturing to meet downstream needs across the value chain, (4) collaborative governance of natural resources, (5) decentralized production, (6) efficient management of raw material streams, (7) data-based business models and decision-making tools, and (8) consumer-centric

*Concept of digitalized bioeconomy Source: Authors' elaboration based on Watanabe et al. [28] and Mistra [29].*

gence of creative disruption platform as expected.

the value chain as illustrated in **Figure 7**.

**136**

**Figure 7.**
