CONCEPTUAL FOUNDATIONS OF INTEGRATION OF BIOECONOMY PRINCIPLES INTO THE MANAGEMENT PRACTICE OF ENTERPRISES: THEORETICAL AND METHODOLOGICAL DISCOURSE
Abstract
Relevance of the study on the conceptual foundations of integrating bioeconomy principles into the management practices of Ukrainian enterprises is driven by the necessity to develop new paradigmatic approaches to conducting economic activities based on sustainable development, resource efficiency, and environmental responsibility. Transitioning to a bioeconomic model is considered a priority direction for reforming Ukraine's economic system in the context of implementing the Sustainable Development Goals. The aim of the study is to define, identify, and systematize the basic principles of bioeconomy, to outline their essential content and specifics of implementation in the management activities of economic entities. The research methodology is based on a critical analysis of the evolution of the bioeconomy concept, identification of key bioeconomy principles through the synthesis of leading scholars' works, as well as the formulation of conceptual foundations for implementing bioeconomy in corporate governance by integrating principles of sustainable development, stakeholder theory of the firm, and resource-based strategic management. The results obtained include the delineation and substantive characterization of the basic principles of bioeconomy, specifically resource efficiency, circularity, ecological sustainability, biodiversity, competitiveness, and systematicity. Theoretical foundations for implementing bioeconomy principles in corporate governance have also been formulated, and corresponding organizational, technological, and institutional innovations for their implementation have been proposed. The practical value lies in developing applied recommendations for the implementation of bioeconomy principles in enterprises' activities aimed at enhancing business environmental responsibility, energy and resource efficiency, rational natural resource use, and the development of biotechnologies to create environmentally friendly products with high added value.
References
Quesnay François. Analyse de la formule arithmétique du tableau économiqueu de la distribution des dépenses annuelles d'une Nation agricole. Journal de l'Agriculture, du Commerce et des Finances. 1766. No. 2(3). Pp. 11–41.
Turgot Anne-Robert-Jacques. Reflections on the Formation and Distribution of Wealth. URL: https://en.wikipedia.org/wiki/Reflections_on_the_Formation_and_Distribution_of_Wealth
Georgescu-Roegen N. The Entropy Law and the Economic Process. Harvard University Press. 1971. 476 p.
Schlegel R., Pfouts R. W., Hochwald W., Johnson G. L. Four Reviews of Nicholas Georgescu-Roegen: «The Entropy Law and the Economic Process» [Review of The Entropy Law and the Economic Process, by N. Georgescu-Roegen]. Journal of Economic Issues. 1973. No. 7(3). Pp. 475–499. URL: http://www.jstor.org/stable/4224243
Boulding K.E. The Economics of the Coming Spaceship Earth. / in H. Jarrett (Ed.). Environmental Quality in a Growing Economy, Johns Hopkins University Press. 1966.
Daly H.E. Toward some operational principles of sustainable development. Ecological Economics. 1990. No. 2(1). Pp. 1–6.
Robèrt K. H. The Natural Step Story: Seeding a Quiet Revolution. New Society Publishers. 2002.
Costanza Robert; et al. An Introduction to Ecological Economics. Florida : St. Lucie Press. 1997.
Enríquez J. As the Future Catches You: How Genomics & Other Forces Are Changing Your Life, Work, Health & Wealth. Crown Business. 2001.
Enriquez J., Rodrigo M. Biotechonomy 1.0 : A Rough Map of Biodata Flow. Harvard Business School Working Paper. 2002.
OECD. The Bioeconomy to 2030 Designing a policy Agenda. Main Findings and Policy Conclusions. URL: http://www.oecd.org/about/sge/the-bioeconomy-to-2030-9789264056886-en.htm
Кваша Т.К., Паладченко О.Ф. Розвиток біотехнології як пріоритетного напряму української економіки. Науково-технічна інформація. 2010. № 3. С. 14–17. URL: http://nbuv.gov.ua/UJRN/NTI_2010_3_6
Гонта Д., Кирилюк Є., Прощаликіна А., Риженко Н. Формування складників національної біоекономіки України в умовах прискорення науково-технічного прогресу : монографія. Черкаси : ЧНУ ім. Б. Хмельницького, 2020. 233 с.
Гурочкіна В.В., Будзинська М.С. Циркулярна економіка: Українські реалії та можливості для промислових підприємств. Економічний вісник. Серія: фінанси, облік, оподаткування. 2020. Вип. 5. С. 52–56.
Гахович Н.Г., Кушніренко О.М., Зарудна О.С. Циркулярна економіка як стратегічний пріоритет розвитку глобальних ланцюгів доданої вартості. Економічний вісник Хмельницького університету. 2020. Вип. 46. С. 103–115.
Цілі сталого розвитку. URL: https://ukraine.un.org/uk/sdgs
Єфанов В. Використання принципів циркулярної економіки та замкнутих циклів у виробництві для мінімізації відходів та зменшення навантаження на навколишнє середовище. Економіка та суспільство. 2024. № 62. DOI: https://doi.org/10.32782/2524-0072/2024-62-95
Quesnay François. Analyse de la formule arithmétique du tableau économiqueu de la distribution des dépenses annuelles d'une Nation agricole. Journal de l'Agriculture, du Commerce et des Finances. 1766. No. 2(3). Pp. 11–41.
Turgot Anne-Robert-Jacques. Reflections on the Formation and Distribution of Wealth. URL: https://en.wikipedia.org/wiki/Reflections_on_the_Formation_and_Distribution_of_Wealth
Georgescu-Roegen N. (1971). The Entropy Law and the Economic Process. Harvard University Press. 476 p.
Schlegel R., Pfouts R. W., Hochwald W., Johnson G. L. (1973). Four Reviews of Nicholas Georgescu-Roegen: «The Entropy Law and the Economic Process» [Review of The Entropy Law and the Economic Process, by N. Georgescu-Roegen]. Journal of Economic Issues. No. 7(3). Pp. 475–499. URL: http://www.jstor.org/stable/4224243
Boulding K.E. (1966). The Economics of the Coming Spaceship Earth. / in H. Jarrett (Ed.). Environmental Quality in a Growing Economy, Johns Hopkins University Press.
Daly H.E. (1990). Toward some operational principles of sustainable development. Ecological Economics. No. 2(1). Pp. 1–6.
Robèrt K.H. (2002). The Natural Step Story: Seeding a Quiet Revolution. New Society Publishers.
Costanza Robert; et al. (1997). An Introduction to Ecological Economics. Florida : St. Lucie Press.
Enríquez J. (2001). As the Future Catches You: How Genomics & Other Forces Are Changing Your Life, Work, Health & Wealth. Crown Business.
Enriquez J., Rodrigo M. (2002). Biotechonomy 1.0 : A Rough Map of Biodata Flow. Harvard Business School Working Paper.
OECD. The Bioeconomy to 2030 Designing a policy Agenda. Main Findings and Policy Conclusions. Available at: http://www.oecd.org/about/sge/the-bioeconomy-to-2030-9789264056886-en.htm
Kvasha T.K., Paladchenko O.F. (2010). Rozvytok biotekhnolohii yak priorytetnoho napriamu ukrainskoi ekonomiky [Development of biotechnology as a priority direction of the Ukrainian economy]. Naukovo-tekhnichna informatsiia, no 3, pp. 14–17. Available at: http://nbuv.gov.ua/UJRN/NTI_2010_3_6
Honta D., Kyryliuk Ye., Proshchalykina A., Ryzhenko N. (2020). Formuvannia skladnykiv natsionalnoi bioekonomiky Ukrainy v umovakh pryskorennia naukovo-tekhnichnoho prohresu : monohrafiia [Formation of the components of the national bioeconomy of Ukraine in conditions of acceleration of scientific and technical progress: monograph]. Cherkasy : ChNU im. B. Khmelnytskoho, 233 p.
Hurochkina V.V., Budzynska M.S. (2020). Tsyrkuliarna ekonomika: Ukrainski realii ta mozhlyvosti dlia promyslovykh pidpryiemstv [Circular economy: Ukrainian realities and opportunities for industrial enterprises]. Ekonomichnyi visnyk. Seriia: finansy, oblik, opodatkuvannia, no. 5, pp. 52–56.
Hakhovych N.H., Kushnirenko O.M., Zarudna O.S. (2020). Tsyrkuliarna ekonomika yak stratehichnyi priorytet rozvytku hlobalnykh lantsiuhiv dodanoi vartosti [Circular economy as a strategic priority for the development of global chains of added value]. Ekonomichnyi visnyk Khmelnytskoho universytetu, no. 46, pp. 103–115.
Tsili staloho rozvytku [Goals of sustainable development]. Available at: https://ukraine.un.org/uk/sdgs
Iefanov V. (2024). Vykorystannia pryntsypiv tsyrkuliarnoi ekonomiky ta zamknutykh tsykliv u vyrobnytstvi dlia minimizatsii vidkhodiv ta zmenshennia navantazhennia na navkolyshnie seredovyshche [Using the principles of the circular economy and closed cycles in production to minimize waste and reduce the burden on the environment]. Ekonomika ta suspilstvo, no. 62. DOI: https://doi.org/10.32782/2524-0072/2024-62-95
