Bioeconomy related perspectives for boosting agriculture development in Romania

Butu Alina (), Rodino Steliana (), Butu Marian () and Ion Raluca ()
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Butu Alina: National Institute of Research and Development for Biological Sciences, Bucharest/Romania
Rodino Steliana: Bucharest University of Economic Studies, Bucharest/Romania
Butu Marian: National Institute of Research and Development for Biological Sciences, Bucharest/Romania
Ion Raluca: Bucharest University of Economic Studies, Bucharest/Romania

Proceedings of the International Conference on Business Excellence, 2020, vol. 14, issue 1, 548-558

Abstract: Situated at the crossroads between several sectors, from biology, biochemistry, agronomy, management and economy to technology, the bioeconomy represents all uses of bio-resources, whether they come from agricultural land, sea, forest or waste materials. The current bioeconomy strategy of European Union identifies agriculture as one of the sectors mainly supplying biomass. In the last decades, agriculture was constantly transforming towards a knowledge intensive sector. Being almost entirely the physical support for agriculture, the rural regions are expected to become a key player in the development of the bioeconomy activities of the near future. In the modern biobased economies, the rural regions represent more than just a source of raw materials to bioeconomy industries. Future opportunities for the development of the agricultural sector in Romania, thus boosting rural development were identified by conducting a SWOT analysis of the domain through agriculture development.

Keywords: agriculture; biotechnology; trends; Romania; bioeconomy (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:14:y:2020:i:1:p:548-558:n:51

DOI: 10.2478/picbe-2020-0051

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