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Title Circular Bioeconomy: Do We Really Need Another Concept?
ID_Doc 21646
Authors Karagouni, G; Tsoukatos, E
Title Circular Bioeconomy: Do We Really Need Another Concept?
Year 2018
Published
Abstract The Circular Bioeconomy (CB) concept emerged around 2015 and starts becoming a common buzzword mostly within the policy and biosciences groups. According to generally accepted views, it is a combination of the circular economy and bioeconomy concepts. The rather uncritical way of using the CB notion raises a number of issues on the topic, starting from the essential question if we really need another new concept, taking into consideration the already confusing landscape of bio-concepts. This paper purports to answer this question by exploring the popularity, robustness and evolution of the term and the ways it is used. An extensive literature review was contacted using the Scholar and Scopus databases for that purpose. It appears that though CB is not yet an established discipline, the current literature recognizes scope for its development. The analysis shows that the existing CB work is international and transdisciplinary but it is mainly done on the practical and technical level and mostly in Europe. Besides its growing significance, the results highlight the considerable challenge for deeper analysis of the CB concept and construct digging into the theoretical underpinnings and its comprehensive connection to business, organizational and management study research. It is the first paper to draw on the very concept and phenomenon of the circular bioeconomy evolution and reveal its weaknesses regarding issues of management, economics and entrepreneurship research. Perhaps the major contribution of the paper is that it makes clear that the circular bioeconomy should be treated by scholars as a novel conceptual framework.
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