Innovation and commercialisation dynamics in agri-food industry under contemporary forcing functions

Innovation and commercialisation turned into a more collaborative activity due to the shrinking technology life cycles and the current complexity of emerging technologies dispersing across different industries and therefore exceeding beyond the internal capacities of most firms. Agri-food innovation and commercialisation can be fully studied within the context of three main clusters: global agri-food and health demand, bioeconomy, and the environment, each adding spatially and temporally varying value to the overall industry. A well designed and established bioeconomy will bring agri-food production, agricultural biomass, energy and the environment all together for economically, environmentally and socially sustainable operations and rural communities while the industry is adapting to a warmer and more variable climate and many other forcing functions around the globe. This article examines the research, innovation and commercialisation dynamics in agri-food industry under contemporary forcing functions such as climate change, environmental consciousness, growing populations, rising incomes, and changing lifestyles.