Sustainable system of innovation and green economy: forest sector from Costa Rica

Olman Segura-Bonilla

Chapter 6 in Handbook of Grand Challenges in Global Production and Innovation Networks, 2025, pp 96-114 from Edward Elgar Publishing

Abstract: This chapter focuses on the role of systems of innovation, circular economy, and green economy in developing a new paradigm in economics towards sustainable development. It starts by describing each of these approaches and explaining the need for the learning economy to consider the ecosystem and its services to shape the sustainable systems of innovation approach. It stresses that innovations are not only related to electronic and digital changes but also social, environmental, economic, organizational, and institutional innovations. Like several other countries and regions, Costa Rica has a wide range of natural resources. At the same time, it stands out for having a successful integrated economic management of natural resources and ensuring a framework that promotes environmentally and socially sustainable development. The forestry sector, for example, went from being number one in the world in deforested hectares in relation to the size of its territory to being number one in revegetation and forest recovery. This chapter explains what type of innovations were created, such as the famous payment for environmental services (PES) and the transformation of externalities into economic flows. It ends with the lessons learned that can be extended to other countries committed to sustainable development.

Keywords: Innovation; Circular economy; Green economy; Sustainable development; Natural resource management; Payment for environmental services (PES) (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035346509
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035346516.00016 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:23934_8

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().