Bioeconomic ideas and visions have received increasing attention from scientists and policy makers to address socioecological challenges. However, the role of imagined futures in the design of bioeconomic innovations and transitions has hitherto been widely neglected. In this study, we therefore explore the role of imaginaries of the future to understand how they shape bioeconomic innovations and transitions. We thereby build on insights from economic sociology and compare two distinct case studies from Germany and India. Based on our results, we inductively develop an analytic model that describes the co-constitution of imaginaries, fictional expectations, narratives, and innovation dynamics. Our results show that narrative dynamics are caused by irritations in the political and discursive landscape; these irritations prompt economic actors to stabilize, adapt, or reject their own bioeconomic conceptions, while the underlying imaginary of a technological fix remains fixed. We discuss this reductionist imaginary and instead plead for an imaginary of a socioecological fix that reintertwines technologies with their underlying societal, cultural, and ecological factors. We conclude that this will support sustainability scholars and policy makers in remaining vigilant against premature mental and institutional lock-ins that could lead to a colonization of the future with severe negative implications for society's ability to mitigate and adapt to global environmental change in the future
