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Bioeconomy as a Complex Adaptive System of Sustainable Development

Author

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  • Mariusz Maciejczak

    (Faculty of Economic Sciences, Warsaw University of Life Sciences SGGW, Poland)

Abstract

The bioeconomy is widely understood as an economic system that combines in a synergic way both natural resources and technologies, together with markets, people and policies. There are established links between old industries traditionally based on natural resources and new ones those previously had no direct relations. As a result, one industry utilizes the by-products of another very often closing the loop of circularity. The paper describes this system in a dynamic perspective, as a complex adaptive system. Complexity results from the inter-relationship and inter-action of systems elements and between a system and its environment. Based on the empirical evidences from the European Union it is argued that bioeconomy as a platform networking several branches of economy could adapt to the changes that take place in the environment.

Suggested Citation

  • Mariusz Maciejczak, 2017. "Bioeconomy as a Complex Adaptive System of Sustainable Development," Journal of International Business Research and Marketing, Inovatus Services Ltd., vol. 2(2), pages 7-10, January.
    • Handle: RePEc:mgs:jibrme:v:2:y:2017:i:2:p:7-10
    DOI: 10.18775/jibrm.1849-8558.2015.22.3001
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    Citations

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    Cited by:

    1. Laura Borge & Stefanie Bröring, 2020. "What affects technology transfer in emerging knowledge areas? A multi-stakeholder concept mapping study in the bioeconomy," The Journal of Technology Transfer, Springer, vol. 45(2), pages 430-460, April.
    2. Oguntuase Oluwaseun James, 2020. "Bioeconomy for Sustainable Development in Africa – State of Production Determinants and Future Directions," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 13(1), pages 1-14, March.

    More about this item

    Keywords

    Bioeconomy; Complex Adaptive Systems; Renewable resources;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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