DETERMINANTS FOR THE DEVELOPMENT OF A CIRCULAR BIOECONOMY: METHODOLOGICAL AND APPLIED ASPECTS

Keywords: circular bioeconomy, development determinants, bioresource potential, biotechnological innovations, sustainable development, stakeholder interaction, transformation catalysts

Abstract

The article provides a comprehensive methodological substantiation of the determinants and catalysts of circular bioeconomy development. The research clarifies the semantic content of the concept of “determinant” and classifies its components according to causal and functional levels. A conceptual hierarchy of determinants is proposed, which integrates socio-ecological-economic imbalances as systemic drivers, biotechnological innovations as causal mechanisms, bioresource potential as a structural indicator, the decoupling effect as a functional condition, and sustainable development as a strategic objective. Particular attention is paid to the role of biomass as a renewable resource that constitutes the material basis of bioeconomic systems. The paper presents a classification of biomass types and directions of their utilization within the circular model, emphasizing their capacity to form closed loops of value creation. Additionally, the article highlights the color-based typology of biotechnologies, which reflects their functional segmentation across agriculture, industry, medicine, aquaculture, environmental protection, and bioinformatics. Institutional and innovation-related catalysts of transformation are analyzed, including regulatory support, public-private partnerships, targeted green investments, and the expansion of knowledge and competences in the field of bioeconomy. The research also systematizes stakeholder interactions within a polycentric governance model, emphasizing the complementary roles of business structures, state institutions, academia, and society in promoting bio-based production and consumption. The findings suggest that consideration of determinants and catalysts forms a conceptual foundation for the development of a competitive, resource-efficient, and socially responsible model of circular bioeconomy in Ukraine. The practical implications include strengthening national energy independence, ensuring food security, reducing dependence on fossil resources, and supporting the sustainable development of rural regions. The results contribute to the academic discourse on bioeconomy by combining methodological systematization with applied recommendations, which can be utilized in designing national strategies, regulatory frameworks, and innovative projects aimed at accelerating the transition to a circular bioeconomy paradigm.

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Published
2025-09-10
How to Cite
Yaremova, M., Tarasovych, L., & Kilnitska, O. (2025). DETERMINANTS FOR THE DEVELOPMENT OF A CIRCULAR BIOECONOMY: METHODOLOGICAL AND APPLIED ASPECTS. Sustainable Development of Economy, (4 (55), 641-650. https://doi.org/10.32782/2308-1988/2025-55-87