THEORETICAL APPROACHES OF BIO-ECONOMIC PERSPECTIVES FOR ROMANIAN ENTERPRISES

Robescu Valentina Ofelia (), Duica Anisoara (), Manolache Dorin Claudiu () and Diaconeasa Aurora ()
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Robescu Valentina Ofelia: Valahia University of Targoviste, Romania
Duica Anisoara: Valahia University of Targoviste, Romania
Manolache Dorin Claudiu: Valahia University of Targoviste, Romania
Diaconeasa Aurora: Valahia University of Targoviste, Romania

Internal Auditing and Risk Management, 2018, vol. 50s, issue 4, 7-18

Abstract: Some scenarios show that in the near future competition will increase regarding the use of land, water and biological resources as the effects of climate change, population growth, migration, economic and policy trends. The mature and sustainable Bio-economy, under development worldwide, must offer global food security, improved nutrition and health, to create smart bio-based products and biofuels, to help agriculture, forestry, aquaculture and other ecosystems to adapt to climate change. The bio-economy concept represents „a vision for the future society†to become less dependent on fossil resources and to provide energy and added-value products. For Romania’s economy this new approach can be a path to economic development for many sectors. Therefore, the objectives of this study are to identify the main bio-economic sectors for development of new or existing enterprises in Romania. This paper provides an overview of the bio-economy in Europe, and the benefits of it, and, we try to identify how the bio-economy can contribute to a sustainable development of enterprises in Romania. The method used was to identify and analyze the best practices used by countries that have a national strategy for the bio-economy sector and started the development in this field.

Keywords: bio-economy; bio-economy in Europe; best practices in bio- economy (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:50s:y:2018:i:4:p:7-18

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