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How should We Operationalize Bioeconomics for Strong Sustainability? Toward a Transdisciplinary and Systemic Approach in Line with a Georgescu-Roegen Epistemology

Author

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  • Pietro Beltramello
  • Jean-Philippe Bootz

Abstract

Strong sustainability has not been truly operationalized despite the fact that it is one of the major challenges facing society today. Thus, this work proposes a way to rediscover the bioeconomic epistemology of Nicholas Georgescu-Roegen as an approach toward informing strong sustainability operationalizations. Through a literature review, this article demonstrates how various bioeconomic studies (stock-flow or fund-flow models, multi-scale integrated analysis of societal and ecosystem metabolism (MuSIASEM), mainstream bioeconomy, etc.) fail to operationalize strong sustainability as it remains trapped either in normalization or marginalization. To overcome such limitations, a systemic and transdisciplinary approach of bioeconomic epistemology is proposed to fundamentally redefine the logic of development as a qualitative change driven by immaterial objectives that are defined by the main stakeholders. JEL Codes: O440, Q570.

Suggested Citation

  • Pietro Beltramello & Jean-Philippe Bootz, 2022. "How should We Operationalize Bioeconomics for Strong Sustainability? Toward a Transdisciplinary and Systemic Approach in Line with a Georgescu-Roegen Epistemology," Journal of Innovation Economics, De Boeck Université, vol. 0(2), pages 63-91.
    • Handle: RePEc:cai:jiedbu:jie_038_0063
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    Keywords

    Bioeconomics; Georgescu-Roegen; Bioeconomy; Transdisciplinarity; Strong Sustainability;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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