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Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment

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  • Delia-Elena Diaconașu

    (Department of Social Sciences and Humanities, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania)

  • Ionel Bostan

    (Centre for European Studies, Faculty of Law, Alexandru Ioan Cuza University of Iași, 11 Carol I Boulevard, 700506 Iasi, Romania
    Faculty of Law and Administrative Sciences, Ștefan cel Mare University, Universitatii 13, 720229 Suceava, Romania)

  • Cristina Căutișanu

    (CERNESIM Environmental Research Center, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania)

  • Irina Chiriac

    (Department of Social Sciences and Humanities, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania)

Abstract

The increasing awareness of the impact of global climate change has brought bio-based projects back into consideration. Thus, having as supports the reality of the troubling scenario that threatens the entire ecosystem and the up-to-date theoretical discourse and debate on sustainable development, this article aims to investigate the socio-economic and institutional determinants that trigger the dynamics of the bioeconomy value added indicator—a valuable instrument developed and recently launched by the EU’s BioMonitor project. Using a panel corrected standard errors framework, we find that investment in human development along with innovation, the growing role of women and sound public governance have a positive effect on the transition towards a durable and resilient bioeconomy at the European level. This naturally implies that a combination of social and technological innovation can ensure the rise of a sustainable bioeconomy.

Suggested Citation

  • Delia-Elena Diaconașu & Ionel Bostan & Cristina Căutișanu & Irina Chiriac, 2022. "Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment," IJERPH, MDPI, vol. 19(18), pages 1-14, September.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:18:p:11286-:d:909876
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