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Table 2 Possible indicators for measuring the bioeconomy readiness of a country or jurisdiction

From: Bioeconomy as Climate Action: How ready are African Countries?

Production determinant

Indicators

Explanation

Sources of biomass BIOMASS

Arable land (% of country land area), ARL

Includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow

 

National Biodiversity Index, NBI

Richness in four terrestrial vertebrate classes and vascular plants with adjustments country size

 

Forest land (% of country land area), FOR

Forest area is land under natural or planted stands of trees of at least 5 m in situ, whether productive or not, and excludes tree stands in agricultural production systems

Investment in R&D

INV RD

Research and development expenditure (% of GDP), RDE

Gloss domestic expenditures on research and development (R&D), expressed as a percent of GDP

 

Company spending on R&D, CSR

The extent companies invest in research and development

 

Patents applications per million population, PCT

Number of applications filed under the Patent Cooperation Treaty (PCT) per million population

 

Capacity for innovation, CPI

How do companies obtain technology; from exclusively from licensing or imitating foreign companies to conducting formal research and pioneering their own new products and processes

 

Availability of latest technologies, ALT

To what extent are the latest technologies available

 

Quality of scientific research institutions, QRI

Quality of scientific research institutions

 

Production process sophistication, PROD

Sophistication of production processes

People in R&D

PPL RD

Availability of scientists and engineers, ASE

Availability of scientists and engineers in the country

 

Researchers in R&D per million people, RRD

The number of researchers engaged in Research &Development (R&D), expressed as per million

 

Technicians in R&D per million people, TRD

The number of technicians engaged in Research &Development (R&D), expressed as per million

 

Quality of mathematics and science education, QMC

In your country, how do you assess the quality of math and science education? [1 = extremely poor – among the worst in the world; 7 = excellent – among the best in the world]

 

University-industry collaboration in Research & Development, UIC

The extent to which business and universities collaborate on research and development (R&D)

 

Scientific and technical journal articles (2003–2016), SCT

The number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences

Institutional arrangement

IAR

Rule of law, LAW

Measures countries’ rule of law performance across eight factors: constraints on government powers, absence of corruption, open government, fundamental rights, order and security, regulatory enforcement, civil justice, and criminal justice

 

Availability of financial services, FIN

Provision of a wide variety of financial products and services to businesses

 

Quality of overall infrastructure, IFR

Quality of overall infrastructure

 

Macroeconomic stability, ECON

The extent to which a country’s public sector can provide appropriate counter-cyclical measures and invest in projects that the private sector cannot finance