By applying its data-driven expertise and focus on sustainability, MagIC can play a key role in facilitating innovation and knowledge sharing within the circular bio-economy.
Building on MagIC's existing strengths in data science, management research, and thematic lines focused on sustainability, here's how the Centre can contribute to the call for proposals:
Data-Driven Insights for Value Chain Optimization:
Leverage Marketing and Consumer Behaviour research to understand consumer preferences for bio-based products and identify target markets.
Employ Geoinformatics to analyze land use patterns and identify areas with underutilized biomass potential.
Utilize Data Science, particularly Deep Learning and Synthetic Data Generation, to optimize logistics and resource allocation within the bio-based value chain.
Empowering Primary Producers and Fostering Collaboration:
Use Public Policy research to analyze existing policies and regulations impacting cooperation between primary producers and bio-based industries.
Develop Information Systems solutions to facilitate communication and information sharing within cooperative structures.
Apply Finance and Risk Management expertise to create financial models that assess the feasibility and profitability of new business models for primary producers in the circular bio-economy.
Sustainability Assessment and Life Cycle Analysis:
Leverage Geoinformatics capabilities to monitor the environmental impact of bio-based production systems, including land-use changes and potential ecosystem disruptions.
Utilize Data Science techniques to develop Life Cycle Assessment (LCA) models to assess the environmental footprint of bio-based products throughout their life cycle.
Building a Knowledge Base and Sharing Best Practices:
Utilize Information Systems research to develop platforms for knowledge sharing and communication among stakeholders involved in the circular bio-economy.
Conduct research on successful cases of cooperation in other sectors using Management research methods, and translate those learnings to the bio-economy context.
Leverage expertise in Public Policy to develop recommendations for policy frameworks that incentivize and support the transition to a circular bio-economy.
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