Smart and Sustainable Bioeconomy Platform: A New Approach towards Sustainability

Gaspare D’Amico, Katarzyna Szopik-Depczyńska, Riccardo Beltramo, Idiano D’Adamo and Giuseppe Ioppolo
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Gaspare D’Amico: Department of Economics, University of Messina, Via dei Verdi 75, 98122 Messina, Italy
Katarzyna Szopik-Depczyńska: Department of Corporate Management, Institute of Management, University of Szczecin, Cukrowa 8, 71004 Szczecin, Poland
Riccardo Beltramo: Department of Management, University of Turin, Corso Unione Sovietica 218 bis, 10134 Turin, Italy
Idiano D’Adamo: Department of Computer, Control and Management Engineering, Sapienza University of Rome, Via Ariosto 25, 00185 Rome, Italy
Giuseppe Ioppolo: Department of Economics, University of Messina, Via dei Verdi 75, 98122 Messina, Italy

Sustainability, 2022, vol. 14, issue 1, 1-22

Abstract: The smart and sustainable bioeconomy represents a comprehensive perspective, in which economic, social, environmental, and technological dimensions are considered simultaneously in the planning, monitoring, evaluating, and redefining of processes and operations. In this context of profound transformation driven by rapid urbanization and digitalization, participatory and interactive strategies and practices have become fundamental to support policymakers, entrepreneurs, and citizens in the transition towards a smart and sustainable bioeconomy. This approach is applied by numerous countries around the world in order to redefine their strategy of sustainable and technology-assisted development. Specifically, real-time monitoring stations, sensors, Internet of Things (IoT), smart grids, GPS tracking systems, and Blockchain aim to develop and strengthen the quality and efficiency of the circularity of economic, social, and environmental resources. In this sense, this study proposes a systematic review of the literature of smart and sustainable bioeconomy strategies and practices implemented worldwide in order to develop a platform capable of integrating holistically the following phases: (1) planning and stakeholder management; (2) identification of social, economic, environmental, and technological dimensions; and (3) goals. The results of this analysis emphasise an innovative and under-treated perspective, further stimulating knowledge in the theoretical and managerial debate on the smart and sustainable aspects of the bioeconomy, which mainly concern the following: (a) the proactive involvement of stakeholders in planning; (b) the improvement of efficiency and quality of economic, social, environmental, and technological flows; and (c) the reinforcement of the integration between smartness and sustainability.

Keywords: bioeconomy; digitalization; platform-based bioeconomy; smart and sustainable development; governance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:1:p:466-:d:716452

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