| Summary: | Abstract This edited publication consists of four reports written as a part of BICON project that clarified the state and potential of Bioeconomy in Northern Finland. The whole formed by the individual reports constitute an extensive view over bioeconomy and its potential in the northern Finland. There is no single, wide-adopted definition of what bioeconomy is. However, as the theme represents a new economic platform, it is well recognised and has a social and political support. The strategies of nations and industries regarding bioeconomy have appeared in abundance in recent years. Almost without exception, these strategies are relying on existing industrial and national foundations. Bioeconomy has potential in Northern Finland. Especially biomass utilisation and refinement has long tradition in forestry and natural products. However, new ways to boost nascent bioeconomy are called for. One option is Biopark -concept as introduced by BusinessOulu. Also the policy directions should be clear enough for the investments to take place. Otherwise multiple risks can be envisaged by investors and make them reluctant to take action. The bioeconomy, as we can see it today, is still de facto by and largely built around traditional products and industries. Forest and wood industries and agriculture serve as good examples. In Northern Finland, there are well more than 100 companies the core business of which is relying on forest bio-mass. These companies employ around 4000 people. As to other sectors, the numbers are smaller, but by no means insignificant in relative respect. The growth of bioeconomy is highly dependent on investments and development carried out by these companies. Berries and fungi are one potential area with less volume but regarded as promising niche segment. The industry around these natural products comprises mostly micro-sized companies, so subsidies in the r&d are essential if growth is truly sought. Basic research is performed in number of Finnish universities and institutes, but the scaling-up ...
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