IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-28255-3_7.html
   My bibliography  Save this book chapter

Bioeconomy Sectors in Romania: An Analytical Cluster Approach

In: Fostering Recovery Through Metaverse Business Modelling

Author

Listed:
  • Emilia Mary Bălan

    (West University of Timisoara
    Romanian Academy)

  • Laura Mariana Cismaș

    (West University of Timisoara)

Abstract

Bioeconomy is a field that can contribute to Romania’s economic development in the context of the European Union’s environmental protection policies. This paper analyzes the cluster hierarchy of economic sectors included in the bioeconomy field in Romania. The main objective of this article is to identify the position of agriculture among the ten sectors of bioeconomy in order to reveal the role and contribution of this important economic activity to the development of the Romanian bioeconomy. For this analysis, we used the clustering of activity patterns and analyzed the hierarchy of activities included in the bioeconomy field based on socio-economic indicators of Romanian sectors. The sample consists of ten activities included in the bioeconomy and the indicators for a timespan between 2008 and 2019. The authors have used the database of the Joint Research Center of the European Commission (EC) for bioeconomy-specific indexes. The hierarchical cluster analysis was the method of investigating the grouping of bioeconomy sectors. The research results show that the most important sectors of the Romanian bioeconomy are agriculture, bio-based electricity, fishing and aquaculture, and biofuels.

Suggested Citation

  • Emilia Mary Bălan & Laura Mariana Cismaș, 2023. "Bioeconomy Sectors in Romania: An Analytical Cluster Approach," Springer Proceedings in Business and Economics, in: Alina Mihaela Dima & Elena Rodica Danescu (ed.), Fostering Recovery Through Metaverse Business Modelling, pages 89-101, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-28255-3_7
    DOI: 10.1007/978-3-031-28255-3_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-28255-3_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.