The Bioeconomy in economic literature: looking back, looking ahead

The objective of this paper is to provide a review of recent economic literature related to the Bioeconomy, in particular aimed at identifying relevant pathways for future research in this field. The paper is organised in four main parts. First, we illustrate the economic role of the Bioeconomy and...

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Main Authors: Davide Viaggi, Fabio Bartolini, Meri Raggi
Format: Article
Language:English
Published: Firenze University Press 2022-01-01
Series:Bio-based and Applied Economics
Subjects:
Online Access:https://oaj.fupress.net/index.php/bae/article/view/10881
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author Davide Viaggi
Fabio Bartolini
Meri Raggi
author_facet Davide Viaggi
Fabio Bartolini
Meri Raggi
author_sort Davide Viaggi
collection DOAJ
description The objective of this paper is to provide a review of recent economic literature related to the Bioeconomy, in particular aimed at identifying relevant pathways for future research in this field. The paper is organised in four main parts. First, we illustrate the economic role of the Bioeconomy and its key statistics in the EU. Second we review economic topics related to the Bioeconomy production in a mainly private (company, consumer, market) perspective. Then we extend our attention to the review of wider social and environmental aspects with a focus on ecosystem services. Finally, we discuss the interplay of the above topics and cross cutting issues in the attempt to identify the most promising pathways for further research. While the economic literature is growing fast in all the fields of the Bioeconomy, we highlight in particular the need of more economic research focusing on transitions and innovation. However, we also highlight the need to take a system perspective and accounting explicitly for the trade-offs among the many objectives that the Bioeconomy is expected to target and to better account of the costs and benefits affecting different stakeholder groups.
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spelling doaj.art-9443160727ac49e5b38518d39f9d8b282022-12-21T20:12:02ZengFirenze University PressBio-based and Applied Economics2280-61802280-61722022-01-0110310.36253/bae-10881The Bioeconomy in economic literature: looking back, looking aheadDavide Viaggi0Fabio Bartolini1Meri Raggi2Department of Agricultural and Food Sciences, University of BolognaDepartment of Chemical, Pharmaceutical and Agricultural Sciences, University of FerraraDepartment of Statistical Sciences, University of BolognaThe objective of this paper is to provide a review of recent economic literature related to the Bioeconomy, in particular aimed at identifying relevant pathways for future research in this field. The paper is organised in four main parts. First, we illustrate the economic role of the Bioeconomy and its key statistics in the EU. Second we review economic topics related to the Bioeconomy production in a mainly private (company, consumer, market) perspective. Then we extend our attention to the review of wider social and environmental aspects with a focus on ecosystem services. Finally, we discuss the interplay of the above topics and cross cutting issues in the attempt to identify the most promising pathways for further research. While the economic literature is growing fast in all the fields of the Bioeconomy, we highlight in particular the need of more economic research focusing on transitions and innovation. However, we also highlight the need to take a system perspective and accounting explicitly for the trade-offs among the many objectives that the Bioeconomy is expected to target and to better account of the costs and benefits affecting different stakeholder groups.https://oaj.fupress.net/index.php/bae/article/view/10881bioeconomysustainable developmentbio-based economycircular economyecosystem services
spellingShingle Davide Viaggi
Fabio Bartolini
Meri Raggi
The Bioeconomy in economic literature: looking back, looking ahead
Bio-based and Applied Economics
bioeconomy
sustainable development
bio-based economy
circular economy
ecosystem services
title The Bioeconomy in economic literature: looking back, looking ahead
title_full The Bioeconomy in economic literature: looking back, looking ahead
title_fullStr The Bioeconomy in economic literature: looking back, looking ahead
title_full_unstemmed The Bioeconomy in economic literature: looking back, looking ahead
title_short The Bioeconomy in economic literature: looking back, looking ahead
title_sort bioeconomy in economic literature looking back looking ahead
topic bioeconomy
sustainable development
bio-based economy
circular economy
ecosystem services
url https://oaj.fupress.net/index.php/bae/article/view/10881
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