Formation of Theoretical and Methodological Assumptions in the Assessment of Significance of the Bioeconomy in the Country Economy

Kęstutis Biekša


Lithuanian Institute of Agrarian Economics, Kudirkos 18-2, LT 03105 Vilnius, Lithuania (Lithuania)

Tomas Baležentis


Lithuanian Institute of Agrarian Economics, Kudirkos 18-2, LT 03105 Vilnius, Lithuania (Lithuania)


Abstract

In order to ensure sustainable development of the modern economies, there is a need for transforming the linear economy model to circular or green economy model. Bioeconomy can contribute to this goal by ensuring the use of bioproducts and biotechnologies. The flow of material and energy in the bioeconomy is based on the use of biomass and renewable sources for food, feed, and materials production. Circulation principle reduces the amount of waste and increases the efficiency of resources use. It is important to discuss the notions of bioeconomy as described in the strategical and legal documents for bioeconomy development. This research mainly focuses on the theoretical and methodological assumptions of bioeconomy, the main measures for stimulating the development of bioeconomy. We also review the trends of the development of bioeconomy across different countries.


Keywords:

bio economy, sustainable development, renewable resources, bio based resources

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Published
2019-01-02

Cited by

Biekša, K., & Baležentis, T. (2019). Formation of Theoretical and Methodological Assumptions in the Assessment of Significance of the Bioeconomy in the Country Economy. Problemy Ekorozwoju, 14(1), 139–148. Retrieved from https://ph.pollub.pl/index.php/preko/article/view/5068

Authors

Kęstutis Biekša 

Lithuanian Institute of Agrarian Economics, Kudirkos 18-2, LT 03105 Vilnius, Lithuania Lithuania

Authors

Tomas Baležentis 

Lithuanian Institute of Agrarian Economics, Kudirkos 18-2, LT 03105 Vilnius, Lithuania Lithuania

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