Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment

Delia-Elena Diaconașu; Ionel Bostan; Cristina Căutișanu; Irina Chiriac

doi:10.3390/ijerph191811286

Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment

Int J Environ Res Public Health. 2022 Sep 8;19(18):11286. doi: 10.3390/ijerph191811286.

Authors

Delia-Elena Diaconașu¹, Ionel Bostan^{2

3}, Cristina Căutișanu⁴, Irina Chiriac¹

Affiliations

¹ Department of Social Sciences and Humanities, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania.
² Centre for European Studies, Faculty of Law, Alexandru Ioan Cuza University of Iași, 11 Carol I Boulevard, 700506 Iasi, Romania.
³ Faculty of Law and Administrative Sciences, Ștefan cel Mare University, Universitatii 13, 720229 Suceava, Romania.
⁴ CERNESIM Environmental Research Center, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania.

Abstract

The increasing awareness of the impact of global climate change has brought bio-based projects back into consideration. Thus, having as supports the reality of the troubling scenario that threatens the entire ecosystem and the up-to-date theoretical discourse and debate on sustainable development, this article aims to investigate the socio-economic and institutional determinants that trigger the dynamics of the bioeconomy value added indicator-a valuable instrument developed and recently launched by the EU's BioMonitor project. Using a panel corrected standard errors framework, we find that investment in human development along with innovation, the growing role of women and sound public governance have a positive effect on the transition towards a durable and resilient bioeconomy at the European level. This naturally implies that a combination of social and technological innovation can ensure the rise of a sustainable bioeconomy.

Keywords: bioeconomy value added; economic-social-environmental trinity; human capital; informal institutions; panel corrected standard errors estimator; role of women; sustainable development.

Publication types

Research Support, Non-U.S. Gov't

MeSH terms

Climate Change
Conservation of Natural Resources*
Ecosystem
European Union
Female
Humans
Sustainable Development*

Grants and funding

This study was funded by the Romanian Ministry of Research, Innovation and Digitization, within Program 1—Development of the national RD system, Subprogram 1.2—Institutional Performance—RDI excellence funding projects, Contract no.11PFE/30.12.2021.