Bioeconomy, sustainability and ecological economics’ paradigm

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F20%3A43901768" target="_blank" >RIV/60076658:12510/20:43901768 - isvavai.cz</a>

Result on the web

<a href="http://ocs.ef.jcu.cz/files/site/INPROFORUM%202020_ConferenceProceeding.pdf" target="_blank" >http://ocs.ef.jcu.cz/files/site/INPROFORUM%202020_ConferenceProceeding.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Bioeconomy, sustainability and ecological economics’ paradigm

Original language description

Bioeconomy is not itself directly sustainable or unsustainable, the outcome seems to depend on which conditions are supposed to be applied. From the perspective of sustainability paradigm as same as the ecological economy one, there are important factors which determine the character of economy. It is a role of time, scale and role of market mechanism in a specific type of economic development. It means a long perspective based decisions, preference of local solutions and limited role of free market in a special case of environmental management. Our paper will focus on the analysis testing how each of these factors mentioned above will fit into the political definition of bioeconomy and relevant documents delivered by OECD, US and EU. A potential danger of universal solution offered by bioeconomy is also a part of our research question. There is not just one definition of bioeconomy, we could find different views in political documents and research articles. In research articles we could find the ‘bioeconomy’ (BE) and the ‘bio-based economy’(BBE). The former is focused on converting raw material into value-added products, with biotechnology as a conversion technology. Thus the BE concept is technology-driven whereas the BBE concept is resource-driven in that it presupposes a transition from a fossil-based to a bio-based economy. There exists also bio-ecology vision of bioeconomy that highlights the importance of ecological processes that optimize the use of energy and nutrients, promote biodiversity, and avoid monocultures and soil degradation. Our analysis is based on opinion that there does not exist universal solution for our future. Whatever and whenever something is presented as the global solution we must be very cautious. Global solution based on one dimensional change as for instance on bio-based resources is a very weak proposal. The need of diversity is seen from different approaches even in one type to greener future - we could speak about green economy, circular economy, bioeconomy and try to discuss their mutual relationship. Bioeconomy represents just one part of the future mosaic of alternatives enabling us to change the mainstream growth paradigm. If it will be applied locally and differentially adapted to diverse local condition it could play a role leading to a more sustainable future.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

R - Projekt Ramcoveho programu EK

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 14th International Scientific Conference INPROFORUM: Business Cycles – more than Economic Phenomena

ISBN

978-80-7394-824-5

ISSN

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e-ISSN

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Number of pages

6

Pages from-to

24-29

Publisher name

University of South Bohemia in České Budějovice, Faculty of Economics

Place of publication

České Budějovice

Event location

České Budějovice

Event date

Nov 5, 2020

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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