Terminological Framework for the Study of Circular Bioeconomy

Abstract.

In the context of increasing global environmental challenges associated with anthropogenic destructive impact on the environment, the bioeconomic direction of sustainable development in combination with a closed production cycle becomes relevant, the development of which would help to overcome the imbalance of the ecological and economic system and minimise the burden on the environment. Therefore, the purpose of this study is to comprehensively consider the prerequisites for the establishment of a framework of categories for combining green concepts of sustainable development, in particular, to substantiate the theoretical and methodological foundations for interpreting the fundamental features of circular bioeconomy to form a specific vision of the issue. The methodological basis of the study is general scientific and special theoretical and empirical methods, in particular inductive and deductive, heuristic method, graphic, analysis and synthesis, etc. At the empirical level, descriptive, comparative, and observational approaches are used. The theoretical level covers the historical, abstract-logical, hypothetical, formalisation method as a manifestation of logical thinking and theoretical generalisation for formulating the results of the study. This study systematises the ideas of leading scientists on the positioning of circular economy and bioeconomy, highlights similarities and differences in the process of combining concepts, identifies fundamental generic and specific features, establishes complementary relationships to generate the author's position and formulate a fundamental vision of the problems of circular bioeconomy. The practical significance of the study is conditioned by scientific substantiation of the terminological platform of the problems of circular bioeconomy. Further research is aimed at developing criteria for regulating the bioeconomic system with subsequent evaluation of results

Keywords: concept, circular economy, bioeconomic model, convergent similarity, divergent difference, fundamental features

https://doi.org/10.52566/msu-econ.8(2).2021.108-116