The Systems Innovation approach for the sustainable development of the Blue Economy

Lydia Papadaki (), Ebun Akinsete, Alice Guittard and Phoebe Koundouri
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Ebun Akinsete: ICRE8
Alice Guittard: ICRE8

No 2611, DEOS Working Papers from Athens University of Economics and Business

Abstract: A comprehensive, innovation-driven approach that incorporates policy frameworks, stakeholder collaboration, and adaptive governance is necessary for the sustainable development of the blue economy (BE). This chapter investigates the potential of systems innovation to resolve critical issues in the maritime sector, such as sustainable fisheries, offshore renewable energy, and marine tourism. It emphasises the significance of cross-sector synergies, data-driven decision-making, and multi-stakeholder engagement in the promotion of long-term sustainability. The chapter also identifies obstacles, including financial constraints, policy misalignment, and data fragmentation, that impede the widespread implementation of sustainable solutions. The chapter offers insights into strategies for accelerating the transition to a sustainable BE and enhancing resilience by examining successful case studies and innovation ecosystems. Key future directions include developing digital platforms for real-time data exchange, improving regulatory coherence, and expanding innovation hubs that bring together policymakers, businesses, researchers, and local communities. In conclusion, the chapter promotes a comprehensive transformation model that emphasises stakeholder-driven governance and systemic innovation as critical components of the blue economy's future.

Keywords: Blue Economy; Systems Innovation; Participatory workshops; Stakeholder Engagement; Living Lab (search for similar items in EconPapers)
Date: 2026-03-16
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