As humanity’s collective understanding of the biological world grows, there has been an explosion of advancements in agriculture, biomedical science, information science and computing, energy, and other economic sectors. This creativity and innovation in the biological sciences and its ongoing impact on the economy is called the bioeconomy.
While the U.S. has a leading bioeconomy, fueled by education and biological innovation, the international bioeconomy market is becoming more competitive as more nations actively promote their domestic endeavors in the realm. To maintain the U.S.’s position as a global bioeconomic leader, the federal government must take action. A concerted effort endorsed and led by the executive branch is necessary to ensure growth in the job sectors of the future and to maintain national security through economic development, innovation, and the development of new mechanisms to safeguard against biological threats.