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Rethinking Innovation for a Sustainable Ocean Economy

image of Rethinking Innovation for a Sustainable Ocean Economy

This new OECD report on the ocean economy emphasises the growing importance of science and technologies in improving the sustainable economic development of our seas and ocean. Marine ecosystems sit at the heart of many of the world’s global challenges: food, medicines, new sources of clean energy, climate regulation, job creation and inclusive growth. But we need to safeguard and improve the health of marine ecosystems to support our ever-growing use of marine resources. Innovation in science and technology will play a key role in reconciling these two objectives. This report identifies three priority areas for action based on a number of in-depth case studies: 1) approaches that produce win-win outcomes for ocean business and the ocean environment across a range of marine and maritime applications; 2) the creation of ocean-economy innovation networks; and 3) new pioneering initiatives to improve measurement of the ocean economy.

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Innovation networks in the ocean economy

The objective of Chapter 3 is to gain an initial understanding of the role that collaboration plays in fostering innovation for the ocean economy. In particular, the OECD has assembled a set of case studies to explore how innovation network centres – in various marine/maritime sectors and diverse countries – organise collaboration among organisations of different types and the benefits achieved in doing so. This chapter presents the results of a survey of ten selected innovation networks in the ocean economy. Taking into account context-specific situations, some preliminary lessons learned on innovation networks for the ocean economy are drawn out for policy makers and practitioners. Further mapping of innovation networks will continue in 2019-20.

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