Abstract
The paper presents the theoretical and practical view on the concept of bioeconomy. It presents methods of the term’s definition, the idea behind it, reasons for its development, its theoretical and practical roots, historical development in Europe and the US and its volumes expressed in production and in employment levels. The paper discusses the links between bioeconomy and the theoretical concepts of agribusiness, food economy, diffusion of innovation and sustainable development theory. Its connections to regional development issues were also demonstrated. Additionally, the paper shows the concept’s connections to the practice of programming development strategies and implementation of sector practices in the European Union. The author also presented the outline of the European strategy for bioeconomy development, its pillars and action plan for bioeconomy. Finally, the paper indicates the directions and significance of bioeconomy for development of the sectors of the economy, regional development and research.
Highlights
The concept of bioeconomy appeared increasingly more often both in theoretical concepts and strategic planning as well as in economic life practice of the European Union Member States at the beginning of the second decadeMieczysław Adamowicz of the 21st century
This paper aims at getting to know the concept of bioeconomy, its essence, manner of definition, premises, challenges and development factors and the possibilities of its current and prospective use
Agriculture and food industry sector in Poland belong to the key areas of economic and social impact under the bioeconomy
Summary
The definition of 2005, formulated by the European Commission’s Directorate-General for Research, argues that “bioeconomy is environment-friendly eco-efficient transformation of renewable biological resources into food, energy and other industrial products” (DG Research, 2005) Following this line, in 2006 DG Research elaborated on the concept of bioeconomy by defining that it contains “all production systems that use biochemical and biophysical processes, including all the natural sciences and related technologies commonly used and necessary to produce useful products, including biotechnology used in agriculture and industry.”. The document entitled “Innovating for Sustainable Growth: A Bioeconomy for Europe” presented a concept of action for sustainable use of renewable bioresources in different areas of the economy, especially such as: agriculture, forestry, fisheries, processing industry, food management, power industry, materials management and other industry branches (EC, 2010) 55% of employment is linked with agriculture, 20% with food industry and almost 14% with forestry (Table 1)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
