"Almost two decades ago, the OECD and the EU kickstarted the development of bioeconomy strategies. In Germany, like in many other countries, policy development gained momentum in the 2010s, resulting in three consecutive policy strategies to date. And yet the bioeconomy concept remains largely unknown to a wider public and there are hardly any tangible outcomes in terms of transforming the economy towards sustainability as proposed in these strategies. Against this background, the German bioeconomy is characterized in this article as a political project aiming at a technological fix to problems like supply security and climate change in order to stabilize the social order of neoliberalized capitalism. Evaluating the different dimensions of the project's characteristics as well as its impacts, however, we find that the bioeconomy neither succeeds in universalizing its ideas and attracting a broader range of societal actors to them, nor in delivering the promised pathway to a socio-ecological transformation. Still, the analysis also reveals successes of certain actors in securing funds and advancing their agendas related to the bioeconomy. It can be argued that the bioeconomy succeeded in this way in stabilizing the existing unsustainable social order."

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