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Based on the general problems as identified above, the following general objectives have been identified. These are objectives that the policy aims contribute to: 1. Enhance cooperation across the value chain; 2. Facilitate access to knowledge and exploratory infrastructure; 3. Facilitate access to finance across the value chain; and 4. Facilitate access to resources. A closer analysis of the general objectives, a larger number of possible specific objectives can be identified. These specific objectives are crucial as they set out what the policy interventions are expected to concretely achieve. Figure 4-2 overleaf shows that a large number (15) of specific objectives can be generated. On the basis of the findings of the desk-based research and the preliminary findings of the stakeholder consultation (Table 4.1), four specific objectives have been selected on the basis of the importance considered by stakeholders and the scope for EU action. The following specific objectives have been retained for subsequent scrutiny: 1. Enhance cooperation between research institutes, SMEs and businesses involved in upscaling; 2. Promote integration of exploratory infrastructure for bioprospecting purposes; 3. Facilitate access to finance for second and third round product development stages; and 4. Improve clarity and completeness of legal framework. For each of these specific objectives, a number of operational objectives have been defined, which are then translated into policy actions. Figure 4.2 illustrates the structure and development of the general, specific and operational objectives. Study in support of Impact Assessment work on Blue Biotechnology 61

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